December 24, 2012 at 14:53 PM EST
ETFs vs. Hedge Funds
A simple ETF portfolio of stocks and bonds easily outperformed the average hedge fund again this year and without charging 2% management fees along with 20% of profits. The HFRX, a widely used measure of industry returns, is up by just 3%, compared with an 18% rise in the S&P 500 share index,...
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