trail performance: Top holdings include Procter & Gamble PG, 1.86%, TJX Cos, according to Market Watch. TJX, 2.43% and Mastercard MA, 2.15%. Some investors have given up on actively managed mutual funds because most trail the performance of low-cost index funds and ETFs. Rob McIver, one of the 8 billion fund's managers, discussed Jensen's stringent stock selection process and some recent changes to the fund in an interview with Market Watch. Even Berkshire Hathaway, BRK.B, 1.51%, led by CEO Warren Buffett, has underperformed recently. The Jensen Quality Growth Fund JENSX, 1.47% has avoided that problem. Still, many long-term active strategies that have underperformed over the past 10 or 15 years have measured up well for longer periods.
(news.financializer.com). As
reported in the news.
Tagged under trail performance, jensen topics.