Well, maybe, Like myself.. got Very DisEnchanted with Index Funds after the last Bear Yrs.. and How More and More Active Managed Funds are comming out and doing a Much Better Job of it..( My AMF's Made 5x as much $ vs The Index Port during same period )

Thus , unles one is very good at Indexing and that is Selecting the Right % Mix into the different sectors every yr? Your going to be Marginal at best..

They( Indexer's) that posted opinions/suggestions got countered with other ( non Index) Funds that outperformed and thus, spun off to open their own ..

Me thinks (and from Brenner and other Articles) as far as the Indexing therory system goes, it has faded out  and doesn't work as well as in the past decades, with so many More Funds and Better Fund Mgrs, More Access to Information, thanks to the PC/Internet and thus Wiser Investors.. Something VanGuard and others had a Dominance on for decades, but no more..

I think about the only thing left going for them, is if invested equally, you won't Earn or Loose more than the market, but never do better taking the same risks vs other Funds and You don't have to constantly worry about your Index funds Closing or UnderPerforming from getting too big, etc.

I'd like to see our Social Sec. System go partially private and invest at least in some Index Ports... if not other Funds...

I'd sure have a hell of alot more SS $ comming in ...