Leuthold Funds has reduced the investment advisory fee for the Leuthold Global Fund effective February 13, 2017. Click here to review Prospectus Supplement.
Active Management Vs. Passive: A Three-Club Headwind
Active Vs. Passive: A Three-Club Headwind
Few active managers are outperforming passive funds in the current market, and investors are wondering if this is a permanent state of affairs (spoiler alert: it isn’t!). Our research suggests relative returns between active and passive are cyclical, depending on the market environment. There are identifiable drivers behind the active/passive return cycle, and the three-club headwind facing active managers today will turn in their favor once again.