FYI: Asset managers have been advocating the usage of index-based products focused on minimum volatility, quality, momentum and other factors in recent years, suggesting that these were better ingredients for portfolio construction.
In recent months, some of them have taken the logical next step and put these smart-beta products to use in their own kitchens.
Regards,
Ted
http://www.etf.com/sections/blog/smart-beta-etfs-tilt-target-date-funds?nopaging=1
