Sentences with phrase «becoming closet indexers»
As a result they gravitate towards index funds or becoming closet indexers by over diversifying.
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That is why in this environment portfolio managers tend to become closet indexers.
Not exact matches
In contrast to large - company funds that hold upwards of 50 stocks — which leads them to become «closet indexers,» matching the risk and return of the broad market — its funds hold about 30.