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Is There Room for Passive Funds?
We know t the market has not matured so much o whether to choose the funds. Or, let me put other way, the interested cycles have become very short. So at there is no train there the there is no very clear trent about which way interestreets are headed. The asset allocator would probably do well. Do you know, put some money in liquid or money market funds. A higher rate should be given to eno the shorter or mediumtem funds. And some weigt should be give to the longer term, government securities for njurincome funds.