RT Journal Article
SR Electronic
T1 The Alpha and Beta of 130/30 Strategies
JF The Journal of Investing
FD Institutional Investor Journals
SP 25
OP 32
DO 10.3905/joi.2007.698957
VO 16
IS 4
A1 Ric Thomas
YR 2007
UL https://pm-research.com/content/16/4/25.abstract
AB 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