The findings reveal surprising gaps in retail investors’ understanding of index-based investing for those not investing, with the number one barrier being lack of knowledge.
This research series studies investor performance in mutual funds. Its goal is to shed light on how investors can improve portfolio performances by managing behaviors that cause them to act imprudently.
The commission’s FAQ from March 30 said firms should avoid “embellishing factual statements,” but the Institute for the Fiduciary Standard argues it leaves advisors unable to accurately describe themselves as fiduciaries.