Dimensions
158 x 234 x 30mm
The New Fundamental Index offers a breakthrough strategy to capturing the best market returns at the lowest cost and with the least risk. In this important new book, the highly respected Rob Arnott explains how passive, market capitalization weighted index investing falls short and fails to serve investors, particularly during market downturns. Then, he shows how a new twist on indexing -- fundamental indexing -- maximizes returns. For instance, a dollar invested in the S&P in 1962 would have grown to $82 by 2000; that same dollar invested in Arnott's RAFI would have grown to $200! In addition to the stellar long-term outperformance, the new fundamental index outperforms most powerfully when excess returns are needed most -- during market and economic downturns. In short, Arnott's new strategy gives investors the advantage of the best possible market of stocks at the lowest price -- and then turbocharges the long-term benefits by adding in powerful growth and value investing strategies.