1.0 link 219188 <![CDATA[A Quick and Easy Way to Increase Your Returns by 17%]]> http://www.huffingtonpost.com/dan-solin/a-quick-and-easy-way-to-i_b_219188.html When it comes to reporting returns, actively managed mutual funds are engaged in an elaborate shell game. They report their returns pre-tax.

If they were required to report their returns after-tax, and those returns were compared to the after-tax returns of index funds of comparable risk, investors in actively managed funds would understand that more than 17% of their returns are lost to taxes.

John Bogle did a study that demonstrated that investors in actively managed funds kept only 47% of the...

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