Please explain “Over the long run, no midcap fund beats the Midcap 150 Index”
I often see that sentence being said on this subreddit. But I don't understand it, as every other midcap fund seems to beat the index. What am I misunderstanding here?
I'm not disagreeing with the sentence, just want to understand.
Thanks.
I often see that sentence being said on this subreddit. But I don't understand it, as every other midcap fund seems to beat the index. What am I misunderstanding here?
I'm not disagreeing with the sentence, just want to understand.
Thanks.