WEBCASTS
Giants of Finance: Understanding Profitability and Quality with Professor Robert Novy-Marx
In 2013, Professor Robert Novy-Marx published a groundbreaking research paper that helped usher in a new era of factor investing by introducing the investing world to the profitability premium. The research demonstrates that stocks of companies with higher profitability reliably provide higher returns over time. Further, these higher profitability companies can provide a compelling complement to value.
Today, many investors appreciate the potential benefits of the profitability premium. But practical questions still stand: How should investors consider incorporating profitability into their portfolios? What’s the difference between profitability vs. quality strategies? Which is the better complement to value?
Join us for this special feature webcast where we’ll hear from Professor Robert Novy-Marx and Lukas Smart, Dimensional Senior Investment Director and Vice President, as they discuss the research behind the profitability premium and practical considerations for investors seeking to incorporate it into their portfolios.
SUMMARY
What you'll learn:
- The research behind the profitability premium
- The difference between profitability and quality strategies
- The potential benefits of complementing other parts of your portfolio with profitability
This program is accepted for one hour of continuing education (CE) credit by the Certified Financial Planner Board of Standards for the CFP® designation, The Investment and Wealth Institute for CIMA®, CPWA®, RMA®, and CIMC designations, The ETF Institute for the CETF® designation and The American College of Financial Services.
CFA Institute members are encouraged to self-document their continuing professional development activities in their online CE tracker.
SPEAKERS
Robert Novy-Marx, PhD
Professor of Finance at the University of Rochester and Consultant to Dimensional Fund
Lukas Smart, CFA
Senior Investment Director and Vice President,Dimensional Fund Advisors
Cinthia Murphy
Investment StrategistVettaFi
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Important Disclosures
This information is provided for registered investment advisors and institutional investors and is not intended for public use. Dimensional Fund Advisors LP is an investment advisor registered with the Securities and Exchange Commission.
Consider the investment objectives, risks, and charges and expenses of the Dimensional funds carefully before investing.
For this and other information about the Dimensional funds, please read the prospectus carefully before investing. Prospectuses are available by calling Dimensional Fund Advisors collect at (512) 306-7400 or at dimensional.com.
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