"After considerable frustration with both the genuine and the bogus complaints, [the author] decided to create a metric to help clarify the concepts of the prudence and 'best interests' required of fiduciaries under the Prudent Person Rule.... The strength of the [Active Management Value Ratio™ 2.0 (AMVR)] is its simplicity, both in terms of calculation and interpretation.... The AMVR calculates the cost efficiency of an actively managed mutual funds relative to a comparable passively managed, or index, fund based on the incremental cost incurred and incremental return, if any, produced by an actively managed mutual fund."  MORE >>