Some investors swear by actively managed mutual funds. Others are just as single-minded about only owning funds that simply follow an index.
But does it have to be an either/or decision?
No. In fact, there are a lot of people who own both active and passive funds. Sometimes, the reasons can be smart financially; other times, they are to satisfy an emotional need. Whatever the impetus, here are five strategies that combine the two types of funds to achieve specific purposes:
Written By: Michael Pollock
Wall Street Journal Online