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Smart Beta ETF's are a growing segment of the fund industry. They are a hybrid between active and passive, generally have a large amount of
Smart Beta ETF's are a growing segment of the fund industry. They are a hybrid between active and passive, generally have a large amount of holdings, and weight the holdings on other factors besides the traditional market cap or equal weight models. Essentially they are active factor betters. They bet on factors that academics have found value in, such as tilting toward value and small-cap (Fama French Model). Please share your thought about the merits of this.
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