6 Must-Knows About Strategic Beta Funds
What they are, where they came from, where they're going--and how to evaluate them.
Note: This article is part of Morningstar's April 2015 Active, Passive, and In-Between special report.
Unless you've been actively trying to avoid them, you've probably heard about strategic (or "smart") beta funds more than once or twice. These index-linked investments focus on one or more "factors" or attributes in an effort to improve their returns or alter their risk profiles relative to traditional market benchmarks.
Susan Dziubinski does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.