Not surprising, really, because there are many people in that demographic who are looking for higher investment returns in a low interest rate environment. (moneysmart.gov.au)
A sales person will try to convince you that the higher costs of an actively managed fund are justified, proposing that the fund manager's expertise will result in higher investment returns. (kevinoninvesting.com)
In pursuit of higher investment returns, you might buy riskier bonds, stocks and possibly alternative investments. (humbledollar.com)