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What is SPIVA and what does it mean to you?

Over and over, reams of academic evidence clearly show that actively managed mutual funds rarely outperform their respective index. What is SPIVA? The index versus active scorecard produced by S&P/Dow Jones Indices. They track a database of thousands of mutual funds and update their findings every six months while making an objective, comparative analysis across asset classes. The results and the reasons behind those results speak for themselves. Watch this informative, three-minute video to learn more.