BenzingaUnlimited Unpacks Hedge Fund Alpha With Launch Of ETF Without High Fees, Lock-Up Features
As investors wrestle with macroeconomic volatility, Unlimited is making hedge fund strategies ETF-compatible.
What Happened: On Tuesday, the firm introduced the Unlimited HFGM Global Macro ETF (NYSE:HFGM), an innovative actively managed fund designed to track the positions and returns of global macro hedge fund managers, without the high fees or lock-up features.
HFGM employs proprietary, data-driven models to replicate how hedge fund macro managers are positioned. It achieves this by taking long and short positions in liquid futures contracts and ETFs on equities, fixed income, currencies, credit, and exchange rates.
Also Read: The Dividend ETF That Just Woke Up And Why Investors Are Watching Closely
“Our Global Macro ETF was designed to offer a volatility target aligned ...
