The Fundamental Index offers a breakthrough strategy for 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, investing too much in overpriced stocks and too little in underpriced
shares. He shows how a new twist on indexing, fundamental indexing, eliminates this return drag and, in so doing, earns greater returns. In addition to discussing the powerful long-term
performance of this strategy, this comprehensive guide also reveals how the new fundamental index outperforms most powerfully when excess returns are needed most, during market and economic
downturns. In short, Arnott's innovative and straightforward strategy gives investors a new tool to achieve excess returns in a projected low-return environment while preserving the many
positive attributes of index fund investing.
