These are funds that are managed by an individual or team who select the fund’s portfolio allocations and change them as time goes on. Active funds can take any number of strategies, with some attempting to beat the broad market, and others attempting to act as strong hedges against any unforeseen drops or corrections in the market. Some funds have a strong track record of providing stellar returns year after year, but more often than not these funds will fail to beat their underlying benchmark, making them somewhat of a risk from an investing standpoint. Also note that actively managed funds typically charge higher fees to help pay the managers of the portfolio. Below, we list our best pieces concerning actively managed funds, helping to educate investors on how to better utilize these products.