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Fund Times

Fund Times: Openings, Closings, & Manager Changes

The latest on news from Fidelity, Bjurman, Neuberger Berman, and Dreyfus.

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Active Funds Trump Index Funds, So Far
Nearly half way through 2002, actively managed equity mutual funds are beating their passively managed counterparts, according to Morningstar data.

Through June 20, 2002 the average actively managed stock fund lost 14.3% while the average equity index fund shed 17.9%.

Dan Culloton does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.