Evaluating the Changed Collection of Equity Mutual Funds for Vanguard Participants in the Duke University Retirement Plan
19 Pages Posted: 22 Aug 2019
Date Written: May 1, 2019
From January 2019 Duke employees who are paid monthly have a changed set of mutual funds to choose from in their Duke University Faculty and Staff Retirement Plan. Which mutual funds are good choices? We compare the new lineup of funds with the Vanguard funds that have been cut from the retirement plan. We find that the new plan contains funds which on average have outreturned their benchmarks by more than the Vanguard funds that have been cut. We also characterize the styles of the funds in the new lineup to help the construction of balanced portfolios.
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