In my last post  I talked about the two ways you can access a portfolio of stocks with minimal effort. Today we’re going to take a deep dive into active management – more specifically investment styles.  (Yes finance can be stylish!) So let's get straight into it.  Active fund managers have particular ways or styles of investing, which are broadly categorised into the following: 1)     Value 2)     Growth 3)     Core and; 4)     Low volatility or managed volatility. Value Value as the name suggests, is about picking stocks that are undervalued (i.e. cheap) that the market hasn't yet noticed, but have latent potential to rally. Often these are stocks that have suffered poor earnings, or have gone through cyclical issues. Here the skill lies in a fund manager’s ability to identify those companies that will eventually rebound, from those that will continue to underperform (i.e. avoid ‘value traps’). Benjamin Graham is often credited as the father of