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by softawre
2228 days ago
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Managed versus index is to me, open source versus closed source. With managed funds, you have lots of participants out there eyeing the value of businesses. Everybody can make a buck by taking a peek. With Index funds, we all have to trust that S&P is doing the right thing. |
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No, you don’t. Here is the document that outlines how the S&P 500 is calculated: https://us.spindices.com/documents/methodologies/methodology...
> Managed versus index is to me, open source versus closed source.
This is also backwards, indices are transparent and open while managed funds are not.