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by scrappyjoe
2863 days ago
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Is it legal in Chile to show synthetic returns? If so, you could backtest your passive strategy and plot that on a chart along with the median mutual fund return. Heck, in South Africa only 18% of mutual funds beat the market over 5 years. Break the mutual fund returns down into returns before fees and returns after fees to show just how dramatic the effect is. With that single chart you can point to anyone, regardless of education, and say, ‘see that wedge, labeled fees? That’s what is financing your fund manager’s yacht.’ |
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