news insights

active fund returns exceed passive funds

Originally published on Money Management on 20 October 2020

Almost 70% of Australian active funds and 62% of global active funds have exceeded passive fund returns in September, according to Activus Investment Advisors.

At the same time, the average Australian active outperformance stood at 0.7% while average global active outperformance was 0.3%.

During the last quarter, a percentage of Australian active funds outperforming index was 66.2%. The same percentage stood at 59% when looking at the past six months.

The percentage of Australian active funds outperforming index climbed to 60.3% for the past 12 months compared to only 35.6% for the period of five years.

As far as global shares were concerned, the percentage of funds outperforming index stood at 41.4% and 51.7% for the past three months and the past six months, respectively.

The same figure stood at 40.9% for the period of the past 12 months compared to only 28.2% of global active funds outperforming index for the past five years.