Can You Spot the Closet-Indexer? Introducing Visual Active Share

/Can You Spot the Closet-Indexer? Introducing Visual Active Share

Can You Spot the Closet-Indexer? Introducing Visual Active Share

By | 2017-08-18T17:08:20+00:00 June 23rd, 2016|Robo Advisor, Tool Updates|2 Comments

Readers,

We’re working on some internal tools to help investors make more informed decisions.

The primary challenge that investors face is understanding what they are actually buying versus what they are being sold.

Active share and high level portfolio statistics (e.g., holdings or 3×3 valuation/size charts) are marginally useful.

2016-06-23 13_22_14-2016-WB-2504 Alpha Architect Can you spot the closet indexer

But what is really useful is a holdings-level characteristics-focused visualization tool that a marketing department cannot hide behind. Our tool will help you quickly and intelligently ascertain what you are buying versus what you are being sold.

Next week I’ll walk through the concept via an Interactive Brokers webinar.

If you’d like to check out, the details are below. Look forward to seeing you on the webinar and answering any questions you might have regarding the tool.

So How Do I Sign Up for the Webinar?

Date and Time: Monday, June 27, 2016 12:00 pm, Eastern Daylight Time (New York)

Additional Information:

Global call-in numbers: https://interactivebrokers.webex.com/interactivebrokers/globalcallin.php?serviceType=EC&ED=485987862&tollFree=1
Toll-free dialing restrictions: https://www.webex.com/pdf/tollfree_restrictions.pdf

Access code: 717 218 697

Event Number: 717 218 697


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About the Author:

Wes Gray
After serving as a Captain in the United States Marine Corps, Dr. Gray earned a PhD, and worked as a finance professor at Drexel University. Dr. Gray’s interest in bridging the research gap between academia and industry led him to found Alpha Architect, an asset management that delivers affordable active exposures for tax-sensitive investors. Dr. Gray has published four books and a number of academic articles. Wes is a regular contributor to multiple industry outlets, to include the following: Wall Street Journal, Forbes, ETF.com, and the CFA Institute. Dr. Gray earned an MBA and a PhD in finance from the University of Chicago and graduated magna cum laude with a BS from The Wharton School of the University of Pennsylvania.