Passive

• A passive fund is one which aims to return the market performance. 
• These are much cheaper to invest into than Active Funds.
• On average these can cost around 0.1%-0.2% to hold as a client.

Active

• Active funds are managed in a way that tries to beat the market or index. 
• This is done by the fund manager using his knowledge and skills to select stocks that will perform better than the market.
• On average these types of funds could cost 1.5% to hold as a client