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It's easy to match the overall 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 Nanosonics Limited (ASX:NAN) shareholders over the last year, as the share price declined 37%. That's well below the market return of 12%. At least the damage isn't so bad if you look at the last three years, since the stock is down 14% in that time. Furthermore, it's down 3...
>>> Read more: The past year for Nanosonics (ASX:NAN) investors has not been profitable
>>> Read more: The past year for Nanosonics (ASX:NAN) investors has not been profitable
