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Cost-Efficiency and Correlation of Returns: The Often Overlooked Factors in Fiduciary Investing
The Prudent Investment Fiduciary Rules Link to more items from this source
[Opinion]
June 14, 2021

"How many fiduciary investors bother to compare potential actively managed fund choices with a comparable index fund? How many fiduciary investors simply blindly follow whatever advice their adviser recommends, again because they do not know to properly evaluate the funds themselves? ... [It] should come as no surprise that studies have consistently found that the overwhelming majority of actively managed mutual funds are not cost-efficient."

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