Ten Misconceptions about Smart Beta: Analysing common claims on performance drivers, investability issues and strategy design choices

This paper reviews ten common but mistaken claims about smart beta and sheds light on the underlying issues.  Many of the misconceptions debunked in this paper correspond to overgeneralisations which fail to acknowledge that the term Smart Beta covers a vast variety of strategies with potentially very different properties. 

In a nutshell, our analysis cautions against such oversimplification and calls for a rigorous and detailed analysis of Smart Beta strategies.

Read the complete white paper at the link beneath Related Files