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. Robo-advisors (WealthSimple, WealthBar etc.), the new alternative to mutual funds, seem to be fairly popular with new investors. As a rule, they claim to

. "Robo-advisors" (WealthSimple, WealthBar etc.), the new alternative to mutual funds, seem to be fairly popular with new investors. As a rule, they claim to apply "artificial intelligence" to deliver the investor a "tailored portfolio". But a substantial body of research has shown that very few mutual fund managers can "beat the index" after fees. Do robo-advisors do any better?

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