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Actively managed mutual funds charge higher management fees than passive funds. Assume that the net ...

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Actively managed mutual funds charge higher management fees than passive funds. Assume that the net ...

Actively managed mutual funds charge higher management fees than passive funds. Assume that the net return to an active fund (after fees) is 9.5% (0.79% per month) and the net return to a passive fund is 10.5% (0.875% per month). Assume that an investor saves $600 per month (end-of-month) over thirty years. What is the difference in the future value of savings between investing in an active fund and a passive fund?
A) $295,152.00
B) $120,519.40
C) $247,352.36
D) $301,732.21

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Corporate Finance Online

Edition: 1^st

Authors: Eakins, McNally

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