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Research and Whitepapers

When Active Management Shines vs. Passive: Examining Real Alpha in 5 full market cycles over the past 30 years, May 2010

FundQuest's research study has been enhanced and includes updated data, broader coverage, and a more robust methodology to address the utilization of active and passive (index based) investments in portfolios. This new research examines the historical performance of 31,991 U.S. domiciled mutual funds in 73 categories representing over $7 trillion of assets.

ETFs Are Not All Created Alike-How to Navigate the Rapidly Evolving ETF Landscape, October 2009

The ETF landscape is changing quickly and innovative products are introduced continuously. While this trend is exciting, it poses a challenge for today's financial advisors. This white paper presents various methods and tools that may be used to evaluate ETFs. This information may help investment professionals to better navigate this unique marketplace to identify ETFs that are appropriate for client portfolios. This paper will also highlight the pros and cons associated with some of the newer categories of ETFs.

Mutual fund investing involves risk. Principal loss is possible. Investment in the ActivePassive Funds may include risks associated with non-diversification, foreign securities, emerging markets, small and mid cap companies, ETF's, REITS's, debt securities, high yield securities, and mortgage backed securities. Please refer to the prospectus for the risks specific to each fund.