FYI: (Click On Article Title At Top Of Google Search) "Thinking Smart"
The term “smart beta” is polarizing to fund-industry insiders, baffling to the uninitiated, and all too often marketed as some sort of portfolio panacea.
But throw out the jargon and the investment strategy is relatively straightforward: These exchange-traded funds are based on indexes, but instead of mimicking the benchmark (the “beta”), they tweak the index holdings with stock-selection criteria aimed at beating the benchmark.
Regards,
Ted
https://www.google.com/#q=ETF+Roundtable:+How+To+beat+The+Benchmark+Barron's
Comments