Smart beta, also known as strategic beta, is an investment strategy that gets concentrated exposure to investment factors like momentum and quality.
Also called: Strategic beta
What is smart beta?
Investors looking to mitigate investment risk, or beta, may consider investing in a factor-based investment strategy. Common strategic funds screen for low-volatility, high-quality, and high-yield funds. These funds can be actively or passively managed and exist as a mutual fund or an ETF.