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Journal of Indexes: Enhanced Indexing

4th Quarter 2003
Editor's Note

Editor's Note

by Journal of Indexes Staff

Articles

Enhanced Or Active?

by Steven Schoenfeld and Joy Yang

The battle for basis points has led to many claims on the term "enhanced indexing". The authors provide a clear definition.

Guaranteed Enhanced Indexing

by Chris Tobe

Some insurance companies are guaranteeing returns at basis points over the index return. The only fee is loss of short-term liquidity.

Tracking The Real Market

by Chih-Wei Huang

The author proposes a solution for equity indexes that he says do not accurately reflect current market judgement and therefore CAPM.

Intelligent Indexes

by John Southard and Bruce Bond

Indexes can be as active in their methodology as many managers are. The authors discuss the intelligent index and its uses.

How Is Your Reconstitution?

by Jim Quinn and Frank Wang

The more indexing has grown, the more that reconstitutions and index changes have become a drag issue for investors.

Bogle´s Corner

by John Bogle

These poignant remarks to a graduating business school class allude to the philosophy that has driven a part of the index industry.

The Curmudgeon

by Brad Zigler

Do we really need more index funds?
Contributors