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Who Performs Better: Active or Passive Investors?

Ben Johnson compares the cash-flow weighted returns of index funds and their actively managed counterparts.

Christine Benz: Hi, I'm Christine Benz for Morningstar.com. Do investors in index funds tend to make better timing decisions than investors in actively managed funds? Joining me to share some research on this topic is Ben Johnson. He is director of global ETF research for Morningstar.

Ben, thank you so much for being here.