Investors flee actively managed funds for ETFs
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Many advisers are putting investors into low-cost ETFs and simply dumping most of their clients' actively managed funds.
Investors are dropping actively managed funds — and investment advisers have a big hand in that.
Investors have sold a net $259 billion in actively managed stock funds the past 12 months, according to Morningstar, the Chicago investment trackers. At the same time, long-term, passively managed stoc
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