Mike Venuto Featured on article on Smart Beta ETFs

Toroso Investment’s Mike Venuto says smart-beta ETFs are great tools, but it all hinges on the market environment.

Smart-beta ETFs may be all the rage, but they don’t make sense in every market environment, says Mike Venuto, chief investment officer at Toroso Investments, a New York-based advisory firm.

Arguing that the marketing spin surrounding these strategies can prevent investors from truly grasping how smart-beta funds can fit in a portfolio, Venuto warns that understanding the current macroeconomic environment is the key to using these strategies smartly.