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Patience Is the Key
26 April 2007

Active vs passive fund management is not the issue. It is whether you can stick to whatever you have chosen when the going gets tough

A few issues ago, we highlighted a study by a US research firm Dalbar Inc. which underlined the fact that while funds earn a return that is reflected in the change in their net asset values (NAVs), the average investor makes much less money than the NAV change...

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