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Ban Actively Managed Funds in 401(k)s, IRAs
Alicia H. Munnell in MarketWatch 
[Opinion] Mar. 18, 2013 "Actively managed, high-fee funds should be banned from any type of account that receives favorable treatment under the Internal Revenue Code to encourage retirement saving. Many studies have shown that actively managed funds underperform index funds, even before accounting for the higher fees charged by the former ... But broker-sold mutual funds perform worst of all." MORE >> |
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