t*******y
发帖数: 11968 | 1 http://online.wsj.com/article/SB124036618955342011.html
By SAM MAMUDI
NEW YORK -- Investors in actively managed mutual funds for the past five
years have reason to wonder what they have been paying for: A new study from
Standard & Poor's finds that 70% of large-cap fund managers who use the S&P
500-stock index as a benchmark for comparison have failed to match the
performance of the index over that time.
Discuss
That is double-bad news, given that the index was down 19% in the five years
that en |
c*****x
发帖数: 429 | 2 No surprise. They will each continue claiming that they belong to the other
30%. |
s*******d
发帖数: 126 | 3 no kidding. And I bet the wsj article didn't even take taxes into account.
Read this artile from the NY Times.
http://www.nytimes.com/2009/02/22/your-money/stocks-and-bonds/22stra.html?em
a quote:
"...net of all expenses, the actively managed fund would have to outperform
it by an average of 4.3 percentage points a year on a pre-expense basis."
good luck finding such a fund!
############################
February 22, 2009
Strategies
The Index Funds Win Again
By MARK HULBERT
THERE’S yet more evide
【在 t*******y 的大作中提到】
: http://online.wsj.com/article/SB124036618955342011.html
: By SAM MAMUDI
: NEW YORK -- Investors in actively managed mutual funds for the past five
: years have reason to wonder what they have been paying for: A new study from
: Standard & Poor's finds that 70% of large-cap fund managers who use the S&P
: 500-stock index as a benchmark for comparison have failed to match the
: performance of the index over that time.
: Discuss
: That is double-bad news, given that the index was down 19% in the five years
: that en
|
n******n
发帖数: 12088 | 4 The usage of MF managers is to get the management fee. They have little
incentive to do good w.r.t fund buyers' interests.
from
&P
years
【在 t*******y 的大作中提到】
: http://online.wsj.com/article/SB124036618955342011.html
: By SAM MAMUDI
: NEW YORK -- Investors in actively managed mutual funds for the past five
: years have reason to wonder what they have been paying for: A new study from
: Standard & Poor's finds that 70% of large-cap fund managers who use the S&P
: 500-stock index as a benchmark for comparison have failed to match the
: performance of the index over that time.
: Discuss
: That is double-bad news, given that the index was down 19% in the five years
: that en
|
