Explain the basic smart beta portfolio construction methodology. How is it different from the traditional market capital

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answerhappygod
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Explain the basic smart beta portfolio construction methodology. How is it different from the traditional market capital

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Explain the basic smart beta portfolio construction methodology.
How is it different from the traditional market capitalization
weighing? What is meant by the “top-down” approach versus the
“bottom-up” approach in the construction of multifactor
indexes?
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