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The switch from my OEIC portfolio to my ETF one - one year on

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jamesd Posts: 26,103 Forumite

3 January 2018 at 4:51AM

For the same reason people invest at all: the good years are expected to produce better long term results even though some are less good. If you don't think that'll be true, don't invest. If you don't think you can find active managers who can do better than trackers (of something) go passive instead.

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Eco_Miser Posts: 4,902 Forumite

3 January 2018 at 9:17AM

ivormonee wrote: »

So why would anyone want to invest with an active fund manager?

Because they want a result different to that of the index (whatever 'the index' is).

Eco Miser
Saving money for well over half a century
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