FCF Institute
Free Cash Flow Factor Exploring Strong and Sustainable Profitability
The Benefits of the ETF Creation-Redemption Process
Exchange-traded funds (ETFs) have become an increasingly popular investment option for investors of all levels of experience. The creation-redemption process of ETFs is one of the key features that sets them apart from other investment vehicles. This study examines the be...
Research |
A Better Approach for Quality Factor Exposure
FCF US Quality strategy takes a quantitative active approach to quality factor investing. In this paper, we conduct case studies that illustrate and expose some of the drawbacks embedded in the MSCI USA Sector Neutral Quality Index, and how we seek to improve upon them. T...
Research |
Free Cash Flow Factor Exploring Strong and Sustainable Profitability
This paper discusses how Free Cash Flow is a superior current profitability indicator compared to earnings when it comes to Quality investing. It reveals how the quality of a company’s earnings is heavily influenced by its use of accounting accruals and that a non-linear ...
Research |
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