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Don't Count on Active Funds to Provide Downturn Protection

A well-diversified portfolio, not active stock-picking, is the key to building a portfolio with downside protection, says Russ Kinnel.

Christine Benz: Hi, I'm Christine Benz from How should investors expect actively managed funds to behave during market downturns? Joining me to discuss that topic is Russ Kinnel. He's director of manager research for Morningstar.

Russ, thank you so much for being here.