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Question: Your friends asks you to give him an opinion on his self-managed superannuation fund. Currently, he invests some of his SMSF balance with an

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Question: Your friends asks you to give him an opinion on his self-managed superannuation fund. Currently, he invests some of his SMSF balance with an active fund manager. However, he is disappointed with the active fund manager's performance. He is thinking of switching to another active fund manager or switching his investment to an index fund. What advice would you give him? Please provide a brief explanation of the reasons for your advice

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