Passive funds are a good way to get broad exposure to a wide range of asset classes at a low cost. They are particularly useful in markets where active managers struggle to beat the main indices, for example US equities. And so-called smart-beta exchange traded funds (ETFs) are increasingly a good way to take more tactical approaches in broad markets or mimic active investment styles - again at a lower cost than active funds.
To continue reading, register today
to enjoy limited access to the following:
- Daily trading news
- Funds coverage
- Features on big investment themes
- Comprehensive companies coverage
- Economic analysis
