If Index vs. Active were a boxing match, active bond funds would be kissing the canvas.

Over five years ending June 30, Standard & Poor's Active vs. Fund Scorecard shows that 59 percent of active funds could not beat the S&P Composite 1,500, the Daily News Joseph Lisanti reports.

What is important to note, however, is that active stock funds have a performance advantage over active bond funds. Active managers met or beat stock benchmarks in most categories, with the exception of emerging markets and madcaps, on an asset-weighted basis, Lisanti writes. Stocks can beat the market, but not in a way that is easy to predict, Lisanti writes.

Bond funds didn't fare so well, however, with 75 percent of active bond fund managers failing to beat the fixed-income benchmarks, Lisanti reports.

To read more, click here.  

Edited by: Casey Quinlan


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