A recent study by prominent academicians Eugene Fama and Kenneth French analyzed the returns of actively managed U.S. stock mutual funds to evaluate the presence of skill among active managers. The professors conclude that only zero to 3% of active managers exhibit the skill sufficient to outperform a comparable efficiently
Archives for March 2010
On December 16, 2009, the Securities and Exchange Commission (the “SEC”) adopted amendments to Rule 206(4)-2 (the “Custody Rule”) under the Investment Advisers Act of 1940. This represents just one of the many steps taken by the SEC to protect investors in the wake of a number of high-profile fraudulent
Truepoint Wealth Counsel is a fee-only Registered Investment Adviser (RIA). Registration as an adviser does not connote a specific level of skill or training. More detail, including forms ADV Part 2A & 2B filed with the SEC, can be found at TruepointWealth.com. Neither the information, nor any opinion expressed, is to be construed as personalized investment, tax or legal advice.