Equitized Mkt Neutral strategy through, understand, office, position, create

Palantir

I understand "equitized" to mean you create a long equity position through cash and futures. Seemingly, a beta of one if you're long index futures.

Then why does an "Equitized Mkt Neutral" strategy have a beta of zero?

That's what my notes say. Maybe they're wrong... have no idea, book's at the office.

Please, help me get my head out of my...