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Vanguard: Active Funds Can Outperform Passive
Financial Planning News
Tue, 15 Jan 2013
Actively managed stock funds had the best performance over 20 years, edging passive stock funds 8.14% to 8.11%. And actively managed mutual funds of all types have done the best in the last five years, coming in at 1.98% where, for instance, passively
Although some Vanguard funds underperformed their peers during the market rally, the firm had more portfolios in the top quartile of their categories than in the bottom quartile.
Although some Vanguard funds underperformed their peers during the market rally, the firm had more portfolios in the top quartile of their categories than in the bottom quartile.
Vanguard principal and ETF strategist Joel Dickson responds to worries that increased passive investing has led to more market volatility and that ETFs cause investors to gamble with their portfolios.