标题: index vs. active [打印本页] 作者: Viceroy 时间: 2011-7-11 19:36 标题: index vs. active
Diversification, lower costs, and stable performance relative to a non-indexed portfolio are all advantages of indexing.
However, pure bond indexing is expensive and difficult to implement in a fixed-income portfolio due to the illiquidity of many of the bonds in the index.
"Low costs" "Expensive" aren't they contradicting?