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To: David Bogdanoff who wrote (2218)11/22/1998 11:53:00 AM
From: Trebor  Respond to of 15132
 
>It would not be meaningful to compare the S&P 500 to sector funds, income funds, international funds, allocation funds, bond funds, etc.<

Good point and good post. You can't compare a growth index fund to a fund with a much lower risk profile, managed or not. You wouldn't expect the lower risk fund to perform the same and you wouldn't own it for the same reasons.