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Investors can approximate the average market return by buying an index fund. Active investors aim to buy stocks that vastly outperform the market - but in the process, they risk under-performance. That downside risk was realized by Auckland International Airport Limited (NZSE:AIA) shareholders over the last year, as the share price declined 14%. That contrasts poorly with the market decline of 2.0%. The silver lining (for longer term investors) is that the stock is still 6.7% higher than it was ...
>>> Read more: The past year for Auckland International Airport (NZSE:AIA) investors has not been profitable
>>> Read more: The past year for Auckland International Airport (NZSE:AIA) investors has not been profitable
