Submitted by Anonymous on Tue, 07/07/2009 - 13:53
We are in a period of lower investment returns. Actively managed funds with high management fees and marketing expenses just cannot compete with passive investment strategies. Excess expenses are skimming profits from these funds, leaving lower returns for the fund investors. Diversification of asset classes through ownership of low cost, broad based ETFs will provide superior returns to actively managed mutual funds. Beware of expenses and the impact they have on overall investment returns.
