How Meaningful is a Fund’s Past Performance? A Recent Study Might Hold the Answer.

It’s a debate that’s been raging forever:  Who’s more successful?  Active managers who strive to outperform the market or their more passive counterparts.  What’s right?  What’s wrong?  The truth is, the jury’s still out.  There’s been nothing conclusively pointing in either direction.

Until now, perhaps.  Until S.&P. Dow Jones Indices conducted a study that delved into it, examining more than 2800 broad, actively-managed, domestic stock funds.  What they found may surprise you.

Read about it in this New York Times article by Jeff Sommer.  I found it interesting and I’m sure you will, too.  As always, I am available to discuss with you, how it relates to your portfolio.