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That's correct. A passive index manager is passive - they don't have to worry about some balancing act. It differs from active management because the manager is
by anonu 10y ago
That's correct. A passive index manager is passive - they don't have to worry about some balancing act. It differs from active management because the manager isn't making decisions about which stocks are in the fund. Where the passive fund manager has to do work is on index rebalances and on any constituent corporate action.