| Hedge fund ETF |
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| Written by Wilfred Ling | ||||||
| Sunday, 28 September 2008 | ||||||
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According to the report HERE, SGAM launch an index ETF that tracks the performance of HFRX Global Hedge Fund. The HFRX Global Hedge Fund tracks the performance of 2000 hedge funds. The ETF is listed on the Euronext Paris. The wonderful part is that it only cost 0.8%pa in management fee. Interesting fund except that how it does its tracking is another story. Its prospectus is written in french and that's the main problem.
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