: Operating cash flow plus R&D expenses averaged over five years.
Status: Protected, he typed.
"Rafi," the text on the screen read, though her lips didn't move. "You're reading the Indexx wrong." vixi rafi indexx
The RAFI strategy aims to sever the link between a stock's price and its weight in an index to avoid the "performance drag" often found in traditional market-capitalization-weighted indices. Companies are selected and weighted using four fundamental measures of size: : Average sales over the past five years. : Operating cash flow plus R&D expenses averaged