How ‘Smart Beta’ Funds Are Trouncing the Market in 2013
[Today’s issue of The Global Guru is a summary of a keynote speech, “Is ‘Smart Beta’ Intelligent Investing?” I gave earlier today at a Citywire “Smart Beta” conference outside of London. You can download a copy of the actual presentation.]
“Smart beta” investment strategies are red hot — not in the least because they are trouncing an already sizzling U.S. stock market in 2013.
“Smart beta” exchange-traded funds (ETFs) have attracted $45 billion in new investment during 2013. By way of comparison, “smart beta” ETF assets grew 43% the first nine months of 2013, versus 16% growth in total ETF assets.
So are “smart beta” strategies merely a passing fad?
Or are they genuinely a “better mousetrap?”
For me the answer is clear…
Read more about the investing positives of “smart betas” at Eagle Daily Investor.