Index funds are better than Managed funds?
Index funds are better than Managed funds?
Kind of a mix between show / ask: If actively managed funds give higher returns than index funds, why don't fund groups offer a product that guarantees index return plus a spread (say 0.5%). Charge a fee to get in. Invest the money in a way that beats the market. Their profit would be fees + spread over market. This seems like easy money if you know you can consistently beat the market. Does this not exist because fund groups can't beat the market?
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