Index Funds Hit Record Year as U.S. Savers Prefer Passive
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U.S. investors embraced passive investing in 2013 by pouring a record $115 billion into index mutual funds, almost double the previous high.
Investor deposits into benchmark-tracking funds outstripped the $38.3 billion gathered in 2013 by actively managed mutual funds, according to data compiled by the Investment Company Institute in Washington. The previous high for index funds was $61.1 billion in 2007, the data show.