Couple that with proprietary indices, that mask from beneficial owners the fund composition, and you can almost smell the flowers of the class actions.
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That's only precisely true if you define "passive" as a cap weighted fund that precisely tracks the S&P 50O. if I own, say
$RSP, which tracks an index of all S&P 500 firms but maintains equal weights, any overweight tech will be "passively" handled by the ETF when it rebalancesThanks. Twitter will use this to make your timeline better. UndoUndo
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