Sentences with phrase «closet indexing mutual»

Not exact matches

And some mutual funds, especially those that are truly active funds instead of closet index funds, actually have a chance of beating the index and can do so over extended periods of time.

Our beef is only with certain mutual funds that do nothing but mimic index funds (index - huggers or closet indexers) but charge 2 % premiums for the privilege.

As of 2009 when the below chart ends, roughly half of mutual fund assets are indexed or closet indexed [ii].

Thirteen major U.S. mutual fund companies have agreed to begin publishing data about how actively their funds are managed, following an investigation by the office of the attorney general of New York (NYAG) into the practice of «closet indexing,» NYAG announced Thursday.

«Look for low fees and if you're buying an actively managed mutual fund, you want to be sure it's a truly active fund and not a closet index fund,» says Jason Heath, a financial planner Objective Financial Partners in Toronto.

However, as a generalization I think it's pretty fair to say that the vast majority of mutual funds are closet - indexing leaches that do no one any good (except for the management companies who charge the high fees).

In this July 2006 research note titled Come out of the closet, or, show me the alpha James features a study that suggests closet indexing accounts for nearly one third of the US mutual fund industry.