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Don't be fooled by 'Dreamwashing'
Many Happy Returns
Active Managers
It's a pretty easy job to do. You just buy the stocks in the index and that way your returns will match those of the index. So, it might not be easy to do, but it's cheap to do, right? That's the key thing. And as we've discussed many times before, the performance of index funds tends to beat in the long term, the average performance of actively managed funds. But there's a class of active managers which are charging high fees, but then behind the scenes appear to be just secretly tracking the index.
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