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A key reason why many ASX fund managers underperformed last financial year

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As we roll into a new financial year, investors and fund managers will be reflecting on their FY25.

The past financial year proved to be a standout for many S&P/ASX 200 Index (ASX: XJO) companies. 

In FY25, the ASX 200 Index rose 10%. According to Vanguard, this is…



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