Equity indexes crept lower throughout the week as investors were unhappy to digest a number of worse-than-expected economic data releases. Slight drop-offs in consumer confidence and durable goods orders were enough to spark a wave of profit taking on Wall Street. Global X filed with the SEC to bring to market a basket of hedge fund-line ETFs as investors’ appetite for uncorrelated sources of returns continues to grow [see also Special Report: Alternative ETPs In focus]. The New York-based issuer is planning to bring to market four ETFs, each with a compelling strategy [see SEC Filing]: Global X Top Hedge Fund Equity Holdings ETF: This fund will track an index comprised of the top U.S. listed equity positions held by a select group of the world’s largest hedge funds. The underlying portfolio will be rebalanced quarterly based on regulatory filings from the given hedge funds with the SEC. Additionally, the stocks are [...] Click here to read the original article on ETFdb.com. Related Posts: ProShares Launches Hedge Fund Replication ETF (HDG) How ETFs Have Democratized Investing Using ETFs To Access Alternatives Understanding Some Misunderstood ETFs Tax Efficiency Report Card
Equity indexes crept lower throughout the week as investors were unhappy to digest a number of worse-than-expected economic data releases. Slight drop-offs in consumer confidence and durable goods orders were enough to spark a wave of profit taking on Wall Street. Global X filed with the SEC to bring to market a basket of hedge fund-line ETFs as investors’ appetite for uncorrelated sources of returns continues to grow [see also Special Report: Alternative ETPs In focus]. The New York-based issuer is planning to bring to market four ETFs, each with a compelling strategy [see SEC Filing]: Global X Top Hedge Fund Equity Holdings ETF: This fund will track an index comprised of the top U.S. listed equity positions held by a select group of the world’s largest hedge funds. The underlying portfolio will be rebalanced quarterly based on regulatory filings from the given hedge funds with the SEC. Additionally, the stocks are [...]
Click here to read the original article on ETFdb.com.
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