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2min chapter
Don't be fooled by 'Dreamwashing'
Many Happy Returns
The Tracking Error in Index Trackers
The study looked at the performance of funds in Europe from 2010 to 2018. It had a sample of just over 3,000 equity funds that were domiciled in the EU. The main limitation here is that as far as I know, active share is reported on a voluntary basis in the EU by funds. So it'll look like a big active share, but in fact, the actual performance will be almost identical.
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