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Writer's pictureSteve Martin

Invest With the Silent Minority

A routine report from Morningstar contains some great advice for investors, if you know how to interpret it. The report notes that passively managed funds basically index funds had a net inflow of more than $76 billion in 2011. In stark contrast, actively managed funds, where highly paid fund managers attempt to beat the returns of a designated benchmark, had net outflows of $9.4 billion.

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