WSJ Headline: Index Funds Are the New Kings of Wall Street (w/Resources To Teach Your Students Index Funds) - Blog
Index funds (funds that mimic popular stock market indices like the S&P 500) now have more assets under management then active funds trying to "beat the market." Per the WSJ: Funds that track broad U.S. equity indexes hit $4.27 trillion in assets as of Aug. 31, according to research firm Morningstar Inc., giving them more money than stock-picking rivals for the first-ever monthly reporting period. Funds that try to beat the market had $4.25 trillion as of that date.