And more is being invested in "passive" or index-tracking strategies rather than higher-charging "active" strategies intended to beat the benchmark.

并且人们更多的采取“被动”或者指标跟踪策略而不是收费较高旨在战胜基准参照的“进取”策略。

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Morkel twice beat Collingwood's outside edge and, in between, Pietersen was dropped by a back-tracking Ntini at mid-on after again top-edging an attempted hook, this time off Nel.

BBC: Pietersen ton puts England ahead

He switched to ETFs in 2006 because these index-tracking products have lower expense ratios than the traditional mutual funds that try unsuccessfully to beat the market.

FORBES: Low-fee Fever Spreading Through ETFs