There was a time when large mutual fund complexes touted the ability of their funds to post

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There was a time when large mutual fund complexes touted the ability of their funds to post returns that beat the market. These days, they place more emphasis on the convenience of investing in their funds and their low costs. Some also will suggest that their funds can be counted on for achieving market returns. Why the change? Check out the web sites of Fidelity, Vanguard, or T Rowe Price to see how their equity funds are being promoted.

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