Liz Peek joins Larry Kudlow on Fox Business to discuss the Wall Street Journal’s report showing that only 27% of actively managed U.S. large-cap equity funds beat their benchmark in the last 12 months, and just 13% over the past decade. The conversation covers the massive shift toward passive investing, with ETFs on pace to hit a trillion dollars in net inflows for the first time this year, and the growing variety of ETF offerings available to investors. Peek and Kudlow also discuss the success of Trump savings accounts, which have attracted an estimated eight million new account holders.
Topics discussed: passive vs. active investing performance, ETF advantages over managed funds, Wall Street Journal fund performance data, Trump savings accounts, stock market long-term returns.
Source: foxbusiness.com
