A: The management of a bond fund may lead to high turnover as the manager is able to find very small advantages in moving within the market. (paulmerriman.com)
In fact, the professor says that the only benefit that found support with real evidence is a very small advantage in level of intelligence in babies that are breastfed. (pregnancy-info.net)
If you are pessimistic about future equity returns, use the 4 % real return for equities and come up with an even smaller advantage. (canadiancapitalist.com)