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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?




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