Although their effectiveness conflicts with modern financial theory, a select group of equity factors — value, small size, momentum, low volatility, dividend yield, and quality — has been the primary source of outperformance over the broad equity market for five decades. The natural questions that follow are how and why.
Complete the form to access our new paper "Foundations in Factors" and take a deep dive into:
the evolution of factors
the implications for investors
the perils of cyclicality
the diversity within and across factors
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