Goldman Sachs Mid Cap Value Instl (GSMCX) AND Davis NY Venture Y (DNVYX)) ARE THEY GOOD MUTUAL FUNDS??

Question

ARE THEY ACTIVE MANAGED? AND WHAT THAT DOES MEAN? ARE ACTIVE MANAGED BETTER THAN INDEX?? THANKS

Answer 1

excellent

Answer 2

They are ok if you are into mutual funds. Problem is, mutual funds bring at best mediocre returns. If you have them in an IRA for the long haul though, for some it is better than managing your own money.

Actively managed is simply conveying the fact that they are not tied to representative portions of shares in their basket and leads you to believe that they move in and out of stocks on an active basis rather than quarterly etc. It can be good or bad depending on who is on the management team. Are they better than index funds? Not really, both give you a mediocre return or loss depending on the sectors performance that they specialize in.