TY - JOUR T1 - The Alpha and Beta of 130/30 Strategies JF - The Journal of Investing SP - 25 LP - 32 DO - 10.3905/joi.2007.698957 VL - 16 IS - 4 AU - Ric Thomas Y1 - 2007/11/30 UR - https://pm-research.com/content/16/4/25.abstract N2 - This article builds on prior research showing that the interest in 130/30 funds is warranted for those who believe in active management. It focuses on the two key features of a 130/30 fund in detail: the increase in portfolio efficiency and the stability of the portfolio's market exposure. The article illustrates the benefits of the 130/30 funds over the traditional structure of long-only active management.TOPICS: Mutual funds/passive investing/indexing, portfolio construction, equity portfolio management ER -