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Here's one more reason to avoid picking a fund based on past performance
Mutual fund industry tipping point spurs fear mongering about its supposed implications.
U.S. takes the biggest hit when the index of government bonds is weighted by climate risk factors.
Nearly half of all large-cap active funds are beating the benchmark this year.
Such strategies challenge the principles of risk and reward.
Total net expenses for 21 of firm's 22 index funds will be lower than that of similar Vanguard Group products.
The fund giant has ridden the wave of investors seeking lower costs, primarily as a result of retirement-plan lawsuits.
Investment Adviser Association works to preempt bias toward passive funds in retirement legislation.
Impending change benefits State Street's communications exchange-traded fund.
The Fidelity Zero Total Market Index Fund attracted $753.5 million, while the Fidelity Zero International Index Fund drew in $234.2 million.
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