Building Portfolios in 2018: Passive, Active, and Active-Passive
January 09, 2018 at 10:49 AM EST
By John Lunt, Lunt Capital In an investment framework dominated by mutual funds, the “active” and “passive” distinction was clear. Passive mutual funds nearly always track a well-known, market-cap weighted index within a specific asset class. In the case of active mutual funds, a portfolio...