Sun Life CEO Defends Mutual Funds

The video discusses the skepticism around ETFs overtaking mutual funds, emphasizing the importance of creating alpha in a low return world. It highlights the success of MFS and Sun Life in delivering alpha and advises investors to be thoughtful about their strategies. The video also addresses misconceptions about ETFs, noting that they are not a guaranteed low-cost solution and can carry risks similar to mutual funds. The importance of having a good advisor is stressed.

What does the speaker suggest about the potential to earn Alpha net of fees?

What is the importance of having a good advisor according to the text?