Mutual Funds - Obsolete?
Jonathan Chevneau asks whether traditional mutual funds have become obsolete - when compared to ETFs and index funds - due to their excessive management expense ratios and lack of alpha.
posted by MHS at 12:48 PM
The Mutual Fund Myth (An Index Investing Blog)
"Evidence points overwhelmingly to the conclusion that active management of assets fails to produce satisfactory results for individual investors... Index funds provide a clearly superior alternative." -- David F. Swensen, Yale University, Chief Investment Officer
Thursday, December 21, 2006
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