FYI: Strategic-beta (often called "smart beta") fixed-income funds attempt to offer the best of active and passive management: benchmark-beating performance with transparent portfolio construction rules and low fees. Evaluating strategic-beta fixed-income funds can appear to be complex. However, by asking the following four questions investors can easily perform litmus tests on this new breed of fixed-income funds.
Regards,
Ted
http://www.morningstar.com/articles/869659/four-questions-for-evaluating-strategicbeta-fixedi.html
