Active Funds Are Doing Better This Year
Despite the grim headlines on active management, active U.S. stock funds have fared better thus far in 2022 than they have in years past. In a tweet posted on Sunday, Morningstar’s chief ratings officer Jeffrey Ptak wrote that roughly “60% of such funds posted higher returns than their style-specific benchmark YTD through 4/30/22.”
Ptak added that this is because they “did well during the two drawdown periods” from January 1 through March 14, and from March 30 through April 30.
Source: https://etfdb.com/active-etf-channel/active-funds-are-doing-better-this-year/
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