Sentences with phrase «passive utility fund»
Cost in the chart below is the differential between the expense ratio of a fund class and the ~ 15bp you would pay for a passive utility fund.
http://www.mutualfundobserver.com/ Not exact matches
If one's counterargument to this fact is that this particular task is the job of a portfolio manager, then (1) why assign such misleading titles like «financial consultant / adviser» to their employees when salesman is a more appropriate title; and (2) why does nearly every portfolio manager employed by commercial investment firms stick to low - utility diversification strategies that consistently underperform non-managed, passive index funds year after year?
Perhaps the industry has recognized this: outflows from actively - managed utility funds have accelerated to double digits over the past 2.5 years and the share of market held by passive funds has increased steadily.