2024-03-12 11:57:10 ET
Summary
- American Century U.S. Quality Growth ETF is a smart beta fund that aims to provide investment results corresponding to the performance of the underlying Index.
- The QGRO ETF uses a smart beta strategy and has assets under management worth $888 million.
- The fund's portfolio is focused on high-quality, growth-oriented U.S. companies, with a heavy emphasis on the Information Technology sector.
In truth, I don't like the term "smart beta." Great marketing term, but at the end of the day, that's all it is. It's a term used to describe a style of factor investing that, like all things in markets, will have cycles where it works, and cycles where it doesn't. Despite my displeasure for the term, there are funds in the category of smart beta that are worth looking at....
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For further details see:
QGRO: Not Enough Differentiation