A New ETF to Replicate Hedge Funds (QEH)
As macro chaos makes generating returns increasingly difficult, the only thing outpacing the number of hedge fund kings sending money back to investors are the ETFs designed to replicate hedge fund returns. The latest to join the ranks is the AdvisorShares QAM Equity Hedge ETF (NYSEARCA:QEH). In the attached clip co-portfolio manager Kurt Voldeng joined Breakout to discuss its launch.
The fund seeks to replicate the long/short strategies used by funds represented in the HRFI (total), one of the oldest and highly regarded measures of industry average performance. “There’s roughly 1,000 managers that make up that index,” explains Voldeng. “It’s a very fluid index of managers” making the the index as close as average investors can get to investing in a hedge fund without finding their own funds.
QEH analyzes these management returns to determine the strategies of the underlying funds and replicating best of breed by investing in assorted ETFs.
See the full “Breakout” interview below: