- The report discusses the performance of Smart Beta portfolios, including Value 50, Growth 50, Small Cap 50, and Lifecycle Optimal portfolios, which are constructed based on historical correlation and investment goals such as high beta elasticity and long-term stable excess returns[6][7][9] - Value Smart Beta portfolios include Value 50 and Value Balanced 50, with weekly returns of 0.07% and -0.45%, respectively, and annual returns of 2.20% and 8.63% since the beginning of the year[4][6][9] - Growth Smart Beta portfolios include Growth 50 and Growth Balanced 50, with weekly returns of -0.54% and -2.83%, respectively, and annual returns of 2.42% and 10.99% since the beginning of the year[4][6][9] - Small Cap Smart Beta portfolios include Small Cap 50 and Small Cap Balanced 50, with weekly returns of -1.41% and -2.40%, respectively, and annual returns of 8.96% and 4.55% since the beginning of the year[4][6][9] - Lifecycle Optimal portfolios are categorized into Growth Optimal, Mature Stable, Startup Optimal, and Distressed Reversal, with weekly returns of -2.39%, -3.29%, -3.00%, and -0.58%, respectively, and annual returns of 10.47%, 6.45%, 2.20%, and 7.15% since the beginning of the year[4][6][9]