Are you saying that the fund should always just follow the index at large?Well, it depends on the objective of the fund. Is the objective to follow the index? Is the objective to beat the index? And does the objective take any fees into account?I had some mutual fund investments in Canada that performed at over 50% in the same period.Were they similar investments - in the same asset class(es)? If not, then the comparison isn't fair.I'm dismayed that a so-called fund manager can't do better than 8% over ten years.Again, what was the objective, and did they meet that objective?AJ
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