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Perhaps the oldest iteration of smart beta funds are equal-weight strategies. As the name implies, an equal-weight fund applies the same weight to all of its components, whereas a...

The challenge for mutual funds and ETFs offering equal weight indices. To be fair to mainstream index providers, they fully recognise the academic and real-world merits of equal weighting and offer both market。

As the term implies, equal weight means assigning the same weights to each component in a particular index. For example, a hypothetical exchange-traded fund (ETF) that equally weights its 100...

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