Smart beta defines a set of investment strategies that emphasize the use of alternative index construction rules to traditional market capitalization based indices. (nylinvestments.com)
The authors also identify rebalancing's influence on popular current alternative index strategies, such as equal weighting, diversity weighting, maximum diversification, fundamental weighting, and minimum variance. (researchaffiliates.com)
By undertaking this approach, however, investors are no longer using alternative indices as a relatively passive investment vehicle — they are now engaged in a very active management approach, he adds. (ipe.com)