The whole mutual fund industry is based on stock picking, the almost certainly fallacious view that investment experts can do better than a diversified index fund run by a simple algorithm; are these fund managers criminals?
Not exact matches
You have a number of
mutual fund schemes to choose from, which may invest in a
whole range of
industries and sectors, different kinds of assets, and so on.
He is, however, somewhat skeptical about
mutual fund managers and stockbrokers, quipping that «the financial
industry, as a
whole, is not a Potato - friendly zone.»
The ETF and
mutual fund industry throws a
whole lot of new
fund spaghetti on the wall to see what will stick.
Variable insurance products were not the rage before loaded
mutual fund commissions dropped from 8.5 % to 5.5 % (and the
whole limited partnership
industry evaporated because of tax changes from TRA» 86).