mickeyd
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
This is one of the main reasons that I now steer clear of managed funds. I have invested in managed funds over the past years but no more. I'm just not smart enough to figure out who is stealing from me via high ER and who is not so I just threw in the towel several years ago and went all-index. Not sexy, not dramatic, not stimulating, just steady.
http://www.investopedia.com/articles/mutualfund/06/fundrisk.aspMany investors are passive and accepting of poor fund management. When they should make a fuss, they rarely do - even when things go horribly wrong, as they did between 2000 and 2003 during the dotcom crash. But when investors keep their mouths shut about bad fund management, this opens up the potential for fund managers to take advantage them. In this article, we'll show you why you should play an active role in understanding and evaluating your portfolio, even if it has been performing well.