I have been a bit disturbed over some work & personal stuff, so I didn’t have the bandwidth to think about anything much. For this Sunday’s piece, I decided to meditate over this research slide deck that I came across. Over the past few months, one of the core positions that I have built up was the iShares Edge MSCI World Multifactor UCITS ETF (IFSW). This is an exchange-traded fund listed on the London Stock Exchange. The fund’s objective is to capture the market risk, size, value, quality and momentum factors. The fund does this by mirroring the holdings of the MSCI World Diversified Multiple-Factor Index. The fund costs is a bit expensive with a total expense ratio of 0.50%. In contrast, the other single factor ETF would cost around 0.30%. A few days ago, I came across this consultation presentation which outlines a proposal to make certain adjustments to the MSCI Diversified Multiple-Factor (“DMF”) Index Methodology. This slide deck is dated April 2021....