What are Active Funds and Passive Funds?

When starting to invest, one of the most fundamental decisions revolves around choosing between active and passive funds. While on the surface, both appear similar pooling money from multiple investors into securities, they differ profoundly in their goals, costs, risks, and outcomes.
Choosing between active and passive funds is quite an important task for investors with a long-term outlook, as this decision can significantly impact their financial future. This in-depth …
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