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An Unloved Smart-Beta Fund That Could Handle A Rate Hike Well
FYI: There’s been no shortage of enthusiasm for smart beta in many areas of the market this year, with new products launching from various firms (even if Jack Bogle isn’t a fan).
Getty Images And when it comes to buying into smart-beta, some may argue the more the merrier; however, if you do want to try just one, consider the PowerShares S&P 500 High Beta ETF (SPHB), says CFRA’s Todd Rosenbluth