ETFM asked a panel of experts to discuss the growth of fundamental indices and how they are performing during the current economic climate
How would you respond to critics who say fundamental indices are just another name for value indices? Yves Choueifaty: TOBAM launched its range of anti-benchmark funds in the first half of 2006. In May 2009, it introduced equity indices using its maximum diversification methodology: the MaxDiv indices. MaxDiv indices are designed to fully capture the available risk premia in a given market by maximising diversification. This approach will not represent any particular bias like the value, growth, size or volatility styles but instead represents the unbiased portfolio that should r...
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