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Active Management Under The Microscope

FYI: So-called “active share” metrics may point to the extent, and cost, of active management in a fund, but other measures can sometimes give more transparent details
Just how actively managed is your actively managed mutual fund? And, more importantly, what’s the real pay-off for all that activity?
Regards,
Ted
http://wealthmanagement.com/print/mutual-funds/active-management-under-microscope
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