The Average Large Cap Fund Continues to Struggle

By Todd Rosenbluth, CFRA Key Takeaways More than seven of ten active large-cap mutual funds failed to outperform the S&P 500 Index in the three-year period ended June 2020, rewarding the $667 billion of assets held in related index-tracking ETFs led by SPDR S&P 500 ETF (SPY). Despite the...
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