Do you use "Passive" funds or "Active" management?

We utilize a hybrid approach.

• Core Markets: For efficient markets (like large U.S. companies), we often use low-cost, passive vehicles (ETFs) to keep expenses low and capture market returns.
• Strategic Satellite: In areas where special expertise is required (such as tax-free municipal bonds or specific defensive sectors), we may utilize active management to manage risk or seek enhanced returns.