Actively managed funds continued to drastically trail three Standard & Poor’s indexes over the past five years ended Dec. 31, 2008.

The S&P 500 outperformed 71.9% of actively managed large-cap funds, the S&P MidCap 400 outperformed 75.9% of mid-cap funds, and the S&P SmallCap 600 outperformed 85.5% of small-cap funds.

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