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Mind the Gap 2024 — Oblivious Investor

Morningstar recently released the latest edition of their Mind the Gap research. Once again, “allocation” funds (e.g., balanced funds, target-date funds, LifeStrategy funds) had the smallest gap (i.e., best investor returns relative to reported performance figures). Investors tend to just buy them and leave them alone, which is generally the best strategy. And again “sector”…

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