Before revision:  The MOEAs are applied to the following problems -- generate a series of monthly portfolios that outperform the S P 500 over the past 30 years and generate a set of monthly portfolios that outperform the Russell 1000 Growth index over the last 15 years. Our two MOEAs accomplish both these goals on a risk adjusted and non-risk adjusted return basis
After revision:  The MOEAs are applied to the following problems -- generate a series of monthly portfolios that outperform the S and have statistically significant asset selection.