Post by roi2020 on May 28, 2023 17:12:38 GMT
There are many familiar funds listed - PTTRX, FCNTX, TPINX, VWELX, etc.
Nine funds from American Funds are included...
"The S&P 500 has posted an annualized 12.2% return through April,a figure that includes last year’s 18.11% selloff,
while the Agg returned an annualized 1.32% for the period, again, including 2022’s 13.01% swoon."
"Many an active manager has struggled to match these returns and investors have voted with their wallets,
pulling trillions of dollars out of active funds and pouring them into passively run funds and ETFs.
From 2013 through 2022, active mutual funds and ETFs had outflows of $1.5tn, while passive vehicles took in $5.1tn."
Hopefully, the article below is accessible without a CityWire account...