Starting investing...

monkeydust_2

just out of interest - I am working (or will start soon) on a site targeted intermediate-> advanced traders (NOT just TAs - which trade2win does very well but more on the fundamentals and less US biased), if anyone is keen to write some conent, got some ideas, drop me a PM

dunstonh

My figures come from the tables in Money Management which uses the FTSE 350 High Yield index as a benchmark.Anyway, I wouldn't like to quibble too much; I have no intention of putting people off managed funds! Just so long as they realise that it is important to pick one of the few which is not a closet tracker.

I would totally agree with you on the closet tracker front.

The conclusion? " The safest bet of all on this whole subject is that the debate over index funds vs. managed funds will go on, and on, and on..."

Totally agree with that,

Quote:
I havent checked but is there a tracker fund for the FTSE High Yield?
Not that I have found.

Bet you wish you could?

Tim_L

The problem with managed funds is not that they don't outperform trackers, but that you have to try to choose one that does, and reject those that don't. Clearly if this was easy, everyone would choose the same one, but this doesn't actually happen.

All you have to go on is past performance. Which is roughly the same criteria as you have when choosing the winner of the 3.30 at Newmarket...

Basically unless you have the expertise to spot value you have three options - go with the favourite based on form and the last few races. Punt with an outsider on a hunch. Or take an each way bet with a tracker.