In the age-old active-versus-passive debate, it’s funny how little is written about how index funds and actively managed funds have actually performed. I’ve run a few studies that suggest that good performance is not about active versus passive. It’s about low costs versus high. And, by the way, a vote for low costs is not necessarily a vote for passive investing.
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Russel Kinnel does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.