Actively managed funds
Actively managed funds
In sharp contrast with many funds who don't seem to change their composition that often, or trackers who by definition follow a certain "fixed" selection of shares, actively managed funds provided yet another alternative.
As I've only invested in very few, these results are even less statistically relevant than my previous posts 😔
Investing in such funds for an average of 3 years, the results showed on average a 6% annual return.
Comparing again with our beloved Euro Stoxx 600, these funds yielded 30% compared to Euro Stoxx growing 40%.
As with the emerging market trackers, the only advantage of more actively buying & selling has been that I've cashed in on my profit and have now stepped out of most of these funds.
Conclusion: once more the market beat these funds who are managed by people that are getting very, very rich managing others' wealth... Quite disappointing actually as I would have expected them to at least follow the market, if not do better thanks to a wise selection of either geographies or industries to exclude some lower performers.
In sharp contrast with many funds who don't seem to change their composition that often, or trackers who by definition follow a certain "fixed" selection of shares, actively managed funds provided yet another alternative.
As I've only invested in very few, these results are even less statistically relevant than my previous posts 😔
Investing in such funds for an average of 3 years, the results showed on average a 6% annual return.
Comparing again with our beloved Euro Stoxx 600, these funds yielded 30% compared to Euro Stoxx growing 40%.
As with the emerging market trackers, the only advantage of more actively buying & selling has been that I've cashed in on my profit and have now stepped out of most of these funds.
Conclusion: once more the market beat these funds who are managed by people that are getting very, very rich managing others' wealth... Quite disappointing actually as I would have expected them to at least follow the market, if not do better thanks to a wise selection of either geographies or industries to exclude some lower performers.
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