Exact(57)
Some actively managed fund managers do outperform their benchmark index over long periods of time.
And if you feel like a hedge fund manager, you can create a managed fund and attract investors.
Compare this with a mutual fund: In the U.S. the average management fee for an actively managed fund is 1.23%, and there's often a front-end fee, too.
The daily disclosure of ETFs seems to counter the purpose of an actively managed fund in which a portfolio manager tries to strategically outperform the market.
In fact, we are an internally managed fund and pay no one a management fee.
Because a managed fund pays for research and skilled managers to pick stocks, its added expense, up to a point, may be justified.
Owning an actively managed fund allows you to gain access to professional management and exposure to hundreds of individual stocks or bonds with a single purchase.
We probably have the most actively managed fund out of any fund on the Street.
Similar(3)
The best-managed fund companies remain highly profitable.
A government-managed fund, meanwhile, will cover a part of the severance pay for indefinite work contracts.
In doing so, they have tried to emulate Norway, which has a well-managed "fund for the future".
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