Fama And French Examined Excess Returns On Equity Mutual Funds And Found Evidence That: Excluding Fees, Equity Mutual Funds Had Positive

Fama And French Examined Excess Returns On Equity Mutual Funds And Found Evidence That: Excluding Fees, Equity Mutual Funds Had Positive Alphas Even Excluding Fees, Equity Mutual Funds Had Negative Alphas Mutual Funds That Invest In Small Capitalization Stocks Tend To Have Positive Alphas Including Fees, Equity Mutual Funds Had Positive Alphas But Not Large

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