Salient to Investors:
John Rekenthaler at Morningstar said:
- Over the trailing 12 months, 68% of net sales to mutual funds ended up in passive investing vehicles versus 32% active.
- Of $134 billion going into active funds, $30 billion is being placed in target-date funds.
- Low-cost, passive funds keep more of the investor’s money in their pocket.
Read the full article at http://www.marketwatch.com/story/morningstar-shocker-active-funds-lose-heat-2014-08-14
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