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As an adviser, you prefer the use of active funds. Considering Tex’s preference for index funds, what points would you discuss with Tex to persuade him to consider more using active funds rather than index funds? In your response, identify issues with the active funds currently in Tex’s portfolio.
Students should provide some examples and conduct some analysis of the funds in Tex’s portfolio and on the APL.
Student should reference the readings on EMH from Assignment 1.
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