Christine Benz: Hi, I'm Christine Benz for Morningstar.com. Active mutual funds have been losing ground to passive, but American Funds is not going to go quietly. Joining me to discuss recent developments at the firm is Alec Lucas. He is a senior analyst with Morningstar.
Alec, thank you so much for being here.
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Alec Lucas does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.