Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
I believe active share measure is that useful for fund selection. Being different is not automatic to mean being successful. I want the manager to make good picks and good picks could be in the index as well.
Of the 20 highest active share large cap funds in the list half ranked 50+ percentile. Of the 20 small caps 8 were in 50+% percentile.
Comments
Of the 20 highest active share large cap funds in the list half ranked 50+ percentile. Of the 20 small caps 8 were in 50+% percentile.