Is your fund manager beating the index?

Is your fund manager beating the index?

(Hint: Probably not)

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Many Canadians invest in actively managed mutual funds with the hope that the fund managers responsible for their money will outperform market benchmarks. But few actually do, even though funds that pursue an active strategy typically have higher management expense ratios than funds engineered to match the index. In fact, between 2008 and 2012, only 9.84% of Canadian equity fund managers beat the S&P/TSX Composite Index.

FundManagers

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