Murray Coleman of Barron's wrote about ETFs that gave the investor exposure to hedge fund strategies without paying to 2 and 20 fee or being a qualified institutional buyer. The ETFs named in the article were Cambria Global Tactical ETF (GTAA), Credit Suisse Long/Short Liquid ETN (CSLS), Credit Suisse Merger Arbitrage Liquid ETN (CSMA) and WisdomTree Managed Futures (WDTI).
CSLS tracks hedge funds using long/short strategies and CSMA does the same for merger arbitrage funds. GTAA holds about 80 ETFs in its portfolio and the fund managers change its allocations among them depending on the current investing environment. WDTI invests in 24 futures in about 12 sectors. It invests using the seven month moving average as an indicator of which contracts to short and go long.
The source for this post can be accessed here.
No comments:
Post a Comment