The annual SPIVA Scorecard came out. Passive investment funds continue to outperform active investment funds:
It’s the same story across a variety of fund investment styles. When we look at longer time periods and adjust for risk, active funds fare even worse. To wit:
If you are attempting to pick active investment funds, the odds are not in your favor. Save your money, time, effort, and heartache. Use an evidence-based investment approach. Low-cost. Passive. Long-term. Tax efficient.
Matthew Jenkins is the Founder of Noble Hill Planning LLC. Matthew has over 20 years of experience working in both large and small financial services firms. Before starting his career in finance, Matthew served as with the U.S. Army’s prestigious 75th Ranger Regiment. Matthew values transparency and fair dealing and enjoys helping people prepare for a great retirement.
Matthew is a CFA® Charterholder, CERTIFIED FINANCIAL PLANNER™ Professional, and IRS Enrolled Agent. He is also a member of the National Association of Personal Financial Advisors (NAPFA) and the Fee Only Network.