OK, it isnt just indexing, but why not also buy some hot mutual funds?
We have always avoided actively managed mutual funds that really jump, because of the Champ or Chump syndrome. We have found that yesterdays Champ active mutual fund manager is often tomorrows Chump. It is our job to manage your portfolio in such a way to generate the returns that are expected within the risk parameters stated for the portfolios. With an actively managed mutual fund, very little is known about what the portfolio managers are doing and when they are doing it. ETFs are fully transparent; we know what they are doing at all times and, for the most part, they are doing it very efficiently. We are able to implement our investment strategy with greater accuracy, without having to guess what mutual fund mangers may or may not be doing. ETFs also remain style consistent.
