03.02.09

Investors moving money away from actively-managed mutual funds to index funds

Posted in All Categories at 8:21 pm by Michael Goode

See story here.

Index funds outperformed active funds over the last year: “Average losses for stock-index funds last year were 39.1%, while actively managed funds lost 40.5% on average, according to investment researcher Morningstar Inc.”

Index funds saw net inflows, while lots of money left active funds: “Actively managed stock funds saw net outflows of $221.8 billion in 2008, while index funds saw net inflows of $17.6 billion, according to data from fund-tracker Lipper Inc.“

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