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Originally Posted by ryberg
Not sure that I follow you. As far as I know, every index fund is by definition managed in the sense that an investment is automatically distributed over the companies in that index and weighted to those companies' respective values in that index.Steve |
What i was trying to say was.... Some mutual funds have a certain portfolio of stocks that they have money invested in and there is no one that is constantly watching the invested stocks. So, if some stocks in the portfolio go bad or news of such happenings in the near future, there is nobody there to get rid of it, and vice versa. All mutual funds are distributed, but not necessarely sp? managed on a day to day basis by a real person. This seems scary to me, but they are out there. Not sure about the indexed thing
Edit: The yardstick that matters
With so many mutual funds available today and so many ways to measure them, it’s easy to be confused. But at the end of the day, the only thing that matters is whether your fund is helping you reach your goals.
Your financial adviser can help you determine whether your funds are measuring up to your financial goals.