This week I spoke to Tom Bradley, president of Steadyhand Investment Funds Inc., a Vancouver-based, mutual-fund group launched in April, 2007. He wanted to fill me in on what his funds were all about (I had inadvertently overlooked them in an article I did on low-fee funds awhile back).

Conventional wisdom says actively managed mutual funds beat the index during bear markets (and are thus better to hold than index funds). Not so says a recent study from Standard & Poor’s Index Services.