The Schwab U.S. Broad Market ETF (NYSEARCA: SCHB ) is a diversified, low-cost, passively managed exchange-traded fund designed to provide investors with broad US equity exposure across small-, mid-, and large-cap companies. The strategy has a low expense ratio of 3bps and pays out a modestMonte Independent Investment Research: Michael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in profess ...

Most workplace plan sponsors still believe active management can outperform the market, according to new research by money manager BlackRock. Advisors are skeptical. In a survey of 459 plan sponsors conducted in February and March, 80% said they believe active managers can consistently beat the market. An even larger share — 86% — agreed that actively managed target date funds can help soften the impact of volatility on participants. READ MORE:Trump order opens 401(k)s to private assets: What advisors nee ...