But active equity funds routinely hold securities that are not in that index — small - caps, foreign companies, and most importantly, cash to meet redemptions. (philosophicaleconomics.com)
The average number of households trading active equity funds each was 250,000. (fidelity.com)
Over 90 % of active equity fund managers underperformed the category benchmark in 2015, and over a five - year time horizon, all managers (44 funds) underperformed. (indexologyblog.com)