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    <lastmod>2018-06-17</lastmod>
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      <image:caption>Data Source: factorinvestor.com</image:caption>
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      <image:caption>Data Source: Google Trends</image:caption>
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      <image:caption>Data Source: factorinvestor.com</image:caption>
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      <image:caption>Data Source: factorinvestor.com</image:caption>
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      <image:caption>Data Source: CapIQ</image:caption>
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      <image:caption>Data Source: CapIQ</image:caption>
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    <lastmod>2018-03-22</lastmod>
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    <lastmod>2018-06-17</lastmod>
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      <image:title>Blog - Investing Outside the U.S. - Purgatory for Pessimists</image:title>
    </image:image>
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      <image:loc>https://images.squarespace-cdn.com/content/v1/55535188e4b02a4d730cb3ca/1510610477769-CTB85LB18AODVJKKUYCY/Ex+4+-+Value+Factor.PNG</image:loc>
      <image:title>Blog - Investing Outside the U.S. - Purgatory for Pessimists</image:title>
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      <image:loc>https://images.squarespace-cdn.com/content/v1/55535188e4b02a4d730cb3ca/1510610503337-2D0PWZXWJBJ0TWAWAMJD/Ex+5+-+Diffusion+of+Factor+Returns.PNG</image:loc>
      <image:title>Blog - Investing Outside the U.S. - Purgatory for Pessimists</image:title>
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      <image:title>Blog - Investing Outside the U.S. - Purgatory for Pessimists</image:title>
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  <url>
    <loc>https://www.factorinvestor.com/blog/a-returns-based-approach-incorporating-microcap-in-equity-allocations</loc>
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    <priority>0.5</priority>
    <lastmod>2018-06-17</lastmod>
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      <image:title>Blog - A Returns-based Approach: Incorporating Microcap in Equity Allocations</image:title>
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      <image:title>Blog - A Returns-based Approach: Incorporating Microcap in Equity Allocations</image:title>
      <image:caption>Note: Russell Microcap, Russell 2000, Russell 1000 represented by black dots. Source: PSN</image:caption>
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      <image:title>Blog - A Returns-based Approach: Incorporating Microcap in Equity Allocations</image:title>
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  <url>
    <loc>https://www.factorinvestor.com/blog/micro-caps-factor-spreads-structural-biases-and-the-institutional-imperative</loc>
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    <priority>0.5</priority>
    <lastmod>2018-06-17</lastmod>
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      <image:title>Blog - Micro Caps, Factor Spreads, Structural Biases, and the Institutional Imperative</image:title>
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      <image:title>Blog - Micro Caps, Factor Spreads, Structural Biases, and the Institutional Imperative</image:title>
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      <image:title>Blog - Micro Caps, Factor Spreads, Structural Biases, and the Institutional Imperative</image:title>
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      <image:title>Blog - Micro Caps, Factor Spreads, Structural Biases, and the Institutional Imperative</image:title>
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  <url>
    <loc>https://www.factorinvestor.com/blog/the-curious-world-of-micro-capsleveling-the-playing-field</loc>
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    <lastmod>2018-06-17</lastmod>
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      <image:title>Blog - The curious world of micro caps—leveling the playing field</image:title>
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  <url>
    <loc>https://www.factorinvestor.com/blog/the-curious-world-of-micro-capsevolving-and-devolving-businesses</loc>
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    <priority>0.5</priority>
    <lastmod>2018-06-17</lastmod>
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      <image:title>Blog - The curious world of micro caps—evolving and devolving businesses</image:title>
    </image:image>
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      <image:title>Blog - The curious world of micro caps—evolving and devolving businesses</image:title>
    </image:image>
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      <image:title>Blog - The curious world of micro caps—evolving and devolving businesses</image:title>
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  <url>
    <loc>https://www.factorinvestor.com/blog/the-curious-world-of-micro-cap-investing</loc>
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    <priority>0.5</priority>
    <lastmod>2018-06-17</lastmod>
    <image:image>
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      <image:title>Blog - The curious world of micro caps—faulty benchmarks</image:title>
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      <image:title>Blog - The curious world of micro caps—faulty benchmarks</image:title>
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    <image:image>
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      <image:title>Blog - The curious world of micro caps—faulty benchmarks</image:title>
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  <url>
    <loc>https://www.factorinvestor.com/blog/the-true-cost-of-indexing</loc>
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    <priority>0.5</priority>
    <lastmod>2017-02-16</lastmod>
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  <url>
    <loc>https://www.factorinvestor.com/blog/five-points-of-caution-for-dividend-investors</loc>
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    <priority>0.5</priority>
    <lastmod>2016-11-15</lastmod>
    <image:image>
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      <image:title>Blog - Five points of caution for dividend investors</image:title>
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      <image:title>Blog - Five points of caution for dividend investors</image:title>
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  <url>
    <loc>https://www.factorinvestor.com/blog/2016/10/12/the-illusion-of-choice-in-etfs</loc>
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    <priority>0.5</priority>
    <lastmod>2017-07-24</lastmod>
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      <image:title>Blog - The illusion of choice in ETF's</image:title>
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      <image:title>Blog - The illusion of choice in ETF's</image:title>
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      <image:title>Blog - The illusion of choice in ETF's</image:title>
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    <loc>https://www.factorinvestor.com/blog/2016/10/5/fundamental-relationships-have-changed-in-the-wake-of-qe</loc>
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    <priority>0.5</priority>
    <lastmod>2017-07-24</lastmod>
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  <url>
    <loc>https://www.factorinvestor.com/blog/2016/9/7/corporate-uses-of-cash</loc>
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    <priority>0.5</priority>
    <lastmod>2016-11-15</lastmod>
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      <image:title>Blog - Corporate Uses of Cash</image:title>
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    <loc>https://www.factorinvestor.com/blog/2016/6/1/a-factor-investors-perspective-of-the-economic-cycle</loc>
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    <priority>0.5</priority>
    <lastmod>2018-06-17</lastmod>
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      <image:title>Blog - A Factor Investor’s Perspective of the Economic Cycle</image:title>
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      <image:title>Blog - A Factor Investor’s Perspective of the Economic Cycle</image:title>
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      <image:title>Blog - U.S. small cap: mediocrity lies at the intersection of maximums and minimums</image:title>
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      <image:title>Blog - The tug of war in global markets is nearing an inflection point</image:title>
      <image:caption>Photo</image:caption>
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      <image:title>Blog - The tug of war in global markets is nearing an inflection point</image:title>
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      <image:title>Blog - The surprising truth about when bear markets occur</image:title>
      <image:caption>Photo credit</image:caption>
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      <image:title>Blog - The surprising truth about when bear markets occur</image:title>
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      <image:caption>Photo credit</image:caption>
    </image:image>
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      <image:caption>Photo credit</image:caption>
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      <image:title>Blog - The bubble nobody can resist</image:title>
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    <lastmod>2015-06-15</lastmod>
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      <image:caption>Photo credit</image:caption>
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      <image:title>Blog - A paradigm shift for profit margins</image:title>
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      <image:title>Blog - A paradigm shift for profit margins</image:title>
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      <image:caption>* Chris Dlugosz</image:caption>
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      <image:caption>* Bloomberg</image:caption>
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