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Posted on: Dec. 1, 2017, 6:06 a.m.
To date, an overwhelming body of academic research (including on active share as a predictor) has demonstrated that a mutual fund’s past performance not only fails to guarantee its future performance (as the required SEC disclaimer states), but has almost no value whatsoever as a predictor—with the exception that poor performance, combined with high expenses, typically predicts future poor performance. Full investment news articleRelevent to this post: Chicago Housing Authority Public Employee Retirement System Of Idaho,