Sentences with phrase «factor portfolios because»

An investor can not practically invest in factor portfolios because of restrictions on shorting and leverage.

Not exact matches

All funds with the exception of Schwab Government Money Fund, Schwab U.S. Treasury Money Fund, Schwab Treasury Obligations Money Fund, Schwab Government Money Market Portfolio, and Schwab Retirement Government Money Fund may impose a fee upon the sale of your shares or may temporarily suspend your ability to sell shares if the fund's liquidity falls below required minimums because of market conditions or other factors.

Because these are the two forces that create the greatest risk factors regarding ones investment portfolios.

This is because if the three factors can completely explain the portfolio's performance then none of the performance can be attributed to the manager's ability.

All funds with the exception of Schwab Government Money Fund, Schwab U.S. Treasury Money Fund, Schwab Treasury Money Obligations Fund, Schwab Government Money Market Portfolio and Schwab Retirement Government Money Fund may impose a fee upon the sale of your shares or may temporarily suspend your ability to sell shares if the fund's liquidity falls below required minimums because of market conditions or other factors.

Consistent with my long - held view that portfolio managers underperform not because they lack stock picking ability but rather because institutional factors force them to over-diversify, my advice to endowment funds is to develop their own team of analysts and stocks pickers.

For example, if the half - life is short, as for momentum with a half - life less than one year, a stock's factor exposure will change rapidly over time, sometimes because momentum is becoming more expensive (when momentum is working) and sometimes because the compositions of the long and short portfolios are changing.

Because the performance of each factor may vary in different economic cycles, single - factor strategies can be used to express tactical portfolio tilts.

They find that total return of the equal - weighted portfolio exceeds that of the value - and price - weighted because the equal - weighted portfolio has both a higher return for bearing systematic risk and a higher alpha measured using the four - factor model.

Owning different asset classes with low correlation can smooth portfolio volatility because asset classes react differently to macroeconomic factors.

Because carry and value require longer holding periods to harvest the factors» returns, the authors take the extra step of setting those strategy portfolios» monthly weights to the trailing average of the prior -12-months model weights.

All Schwab Money Funds with the exception of Schwab Government Money Fund, Schwab U.S. Treasury Money Fund, Schwab Treasury Obligations Fund, Schwab Government Money Market Portfolio, and Schwab Retirement Government Money Fund may impose a fee upon the sale of your shares or may temporarily suspend your ability to sell shares if the Fund's liquidity falls below required minimums because of market conditions or other factors.

Remember that because of expense ratios (among other factors), the returns to your replicated portfolio may not match the returns to the target portfolio exactly.

This is because the key factor that determines the risk level of your portfolio is not the individual securities that you buy.

All funds with the exception of Schwab Government Money Fund, Schwab U.S. Treasury Money Fund, Schwab Treasury Obligations Money Fund, Schwab Government Money Market Portfolio, and Schwab Retirement Government Money Fund may impose a fee upon the sale of your shares or may temporarily suspend your ability to sell shares if the fund's liquidity falls below required minimums because of market conditions or other factors.

In this case, the deal closed quickly because the borrower had a realistic sense of what his properties were worth and his portfolio was fully leased at kick - off — two important factors of the diligence process.