|UNKNOWN||NORTH AMERICAN - LARGE & ETFs||_N/A|
Educational Segment. ‘Smart’ ETFs. A Beta of 1 means ‘market’. They researched factors back to the 1950s and if you screen for these factors you can do better than market weighted portfolios. You can pay a bit more, but you get a slightly better return. Smart ETFs are rule based rather than actively managed. This is the fastest growing area in ETFs.
Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc. http://www.etfcm.com