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Vanguard's Jack Bogle Warns Smart Beta May Be Over-Promising

FYI: Jack Bogle, the founder of Vanguard Group Inc., has warned against the dangers of allocating money to smart beta funds, saying he’s wary of new financial instruments that haven’t been tested by a big shock in the market.
Regards,
Ted
https://www.bloomberg.com/news/articles/2017-04-27/vanguard-s-jack-bogle-warns-smart-beta-may-be-over-promising
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