After a months-long study, the Indiana Public Retirement System made the determination to move the Inflation Linked Fixed Income Fund to a passive investment strategy.
Active investing takes a hands-on approach. The goal in active investing is to out-perform an index by making specific investments away from an index.
Passive investing seeks to replicate an index’s performance. A passive fund generally exhibits a lower expense ratio than an active fund. A passive fund should also have little deviation in performance relative to its stated index.