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Mutual funds
Annualised volatility of excess return versus the category average or a mapped TRI. Index funds want this small; active funds are being paid for it.
Annualised volatility of excess return versus the category average or a mapped TRI. Index funds want this small; active funds are being paid for it.
No. Tracking error describes a fund's costs, structure or past record. Mutual fund investments are subject to market risks, and past performance does not indicate future returns.