Index v Managed

[Bobdn]

My managed fund (Devon Alpha fund) has always done better than my passive funds (via Superlife and Smartshares). In fact Devon Alpha has done better than my own stock picks over all. I bought in at 90 odd cents and have been putting in a $1000 per month for the last few years and reinvested the dividends. I see today the unit price is $1.51 cents. That's tidy and a lot less stressful way of doing business. Devon seems to be holding a lot of cash in the fund at the moment, however. Maybe that's a good thing. I'm 100% confident they know more about these things than I do.