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Active fund managers also trade more than index funds.
That does not leave much scope for active fund managers.
The cost is markedly lower than an active fund at just 0.4% per annum".
We know two-thirds of active fund managers underperform the index.
But the greater problems are more direct and affect most active fund managers.
That is often presented as an argument for active fund management.
Similar(7)
"Now I will go into active fund-raising," he said.
The documents offer new details about Mr. Bush's most active fund-raisers.
The Democratic National Committee has also worked hard at treating its most active fund-raisers to special perks this month.
She was an active fund-raiser for the Institute of Reconstructive Plastic Surgery at New York University Medical Center.
But she acknowledged that when she served on the group's board, she was "not a particularly active fund-raiser".
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