FYI: Alternative indexing strategies, which weigh portfolio investments by factors unrelated to market capitalization, have proliferated in recent years. Often referred to as “smart beta” or “strategic beta,” these strategies can be used in conjunction with traditional investments to provide the potential for superior risk-adjusted returns, especially when combined with cap-weighted passive indexing and active management.
Regards,
Ted
http://dailyalts.com/review-different-approaches-smart-beta/