Active Funds Management 活动经费管理
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Yet the number of active funds has more than doubled, according to Mr Chen, meaning that each fund is smaller in size.
但陈李表示,活跃的基金数量翻了一番还多,这意味着每只基金的规模缩小了。
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After adjustment for risk the active funds' edge grows to 1.3 points a year.
FORBES: The Other Side of Vanguard
The data shows that active funds underperform without prejudice to asset classes, sector or style.
FORBES: SPIVA Spikes Mutual Fund Managers Again
Second, he documents the expenses of active funds and index funds in the marketplace.
FORBES: A Sharpe Assault On Mutual Fund Fees
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