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Category: Mutual Funds and ETFs * SPIVA - S&P Versus Active
VisitStandard & Poor's Index Versus Active (SPIVA) Popular Last Update: Jul/3/2012 15:36
To find, click the link above and then search / look around on the Standard and Poors site for the main section on SPIVA. (Be patient. Their site search facility seems unable to find the main SPIVA section, but it is there.)

"The Standard & Poor's Index Versus Active (SPIVA) methodology is designed to provide an accurate and objective apples-to-apples comparison of fundsí performance versus their appropriate style indices, correcting for factors that have skewed results in previous index-versus-active analyses in the industry. SPIVA scorecards show both asset-weighted and equal-weighted averages, include survivorship bias correction to account for funds that may have merged or been liquidated during the period under study, and show style consistency for each style group across different time horizons." (quoted from the SPIVA Overview webpage)

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