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  • Sven December 2011
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  • The answer is "no". All active managers have periods of under-performance and 2011 is one of those year. He will likely bounce back next year.

    Quote from the article.
    "Still, Mr. Gross's fund continues to beat the benchmark index on three-, five-, 10- and 15-year periods. The fund has returned 7.22% annually over the past 15 years, compared with 6.32% from the benchmark index."
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