The managers of these 25 funds have sailed higher, earning the best annualized 10-year returns of all actively managed mutual funds.
In the 10 years since the financial crisis, passive investing has clearly won the war for investor dollars—and with a seemingly eternal bull market in equities, why would it be any other way? Any advisor who put clients into the cheapest index tracker has looked like a genius for a decade now. But even in a rising sea that lifts all boats, the managers of these 25 funds have sailed higher, earning the best annualized 10-year returns of all actively managed mutual funds. If only we could predict who will be on this list over the next 10 years. ...
Source: Morningstar, returns as of Aug. 31
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