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Costs, Correlations and Prudent Fiduciary Investing
The Prudent Investment Fiduciary RulesLink to more items from this source
[Opinion]
Sept. 2, 2021

"Financial advisers and actively managed mutual funds do not like to talk about the costs associates with their funds. Research has consistently shown that the overwhelming majority of actively managed are not cost efficient.... Financial advisers and actively managed funds also do not like to discuss the relationship between a fund's implicit expense ratio and its correlation of returns with comparable index funds."

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