A Fundamentally Weighted ETF That’s Beating the Market
March 04, 2013 at 14:05 PM EST
The exchange traded fund PowerShares FTSE RAFI US 1000 (NYSEArca: PRF) is described as delivering active returns with a passive discipline. The secret to this fund’s approach is in the indexing methodology. PRF has a five-year annualized return of 6.8% compared with 5% for the S&P 500,...
