In most respects, they are identical to listed options on common stocks.
HFRU Hedge Fund Composite USD Index Description
Analyze HFR Index constituents. Conduct long term studies on liquidated and non-reporting hedge funds. The HFR Dead Funds Database is the essential guide to over 16, alternative investment products that have liquidated or otherwise ceased reporting. An essential guide for institutional investors and alternative asset managers, the HFR Global Hedge Fund Industry Report provides detailed information on current hedge fund trends and historical data.
CompIQ gives you all of the information you need in one place to optimize your pay decisions for every member of your firm from receptionist to CFO. Covering one of the fastest growing areas of the hedge fund industry, the HFR Asian Hedge Fund Industry Report provides exceptional region-specific analysis. Resourceful investment managers watch for rewarding opportunities in emerging markets.
Industry insiders utilize our full set of HFR Industry Reports to gain a detailed picture of current trends and a historical perspective of the hedge fund industry. This bundled subscription of our most popular research publications will keep you on top of significant developments in the hedge fund industry. HFR provides investment professionals with timely, comprehensive, and customized views of their investments.
Summary Prospectus February 29, , as supplemented October 15, For free paper or electronic copies of the Prospectus and other Fund information including the Statement of Additional Information and most recent financial report to shareholders , go to www. These tables describe the fees and expenses that you may pay if you buy and hold shares of the Fund.
More information about these and other discounts is available from your financial professional and in the discussion in the Sales Charges section of the Prospectus page 19 or the Statement of Additional Information page The obligation will automatically renew for one-year terms unless it is terminated by the Fund or the adviser upon written notice within 90 days prior to the end of the then current term or upon termination of the advisory agreement and is subject to possible recoupment by the adviser within three years.
The Examples are intended to help you compare the cost of investing in shares of the Fund with the costs of investing in other mutual funds. The Examples show costs if you sold redeemed your shares at the end of the period or continued to hold them. Although your actual costs may be higher or lower, based on these assumptions your costs would be: A higher portfolio turnover rate may indicate higher transactions costs and may mean higher taxes if you are investing in a taxable account.
The Fund seeks to achieve investment results that approximate the performance of the beta component of the returns of the universe of hedge funds as a broad asset class as represented by the HFRI Index.
The HFRI Index is a non-investible index comprised of a broad range of hedge fund strategies through an equally-weighted composite universe of approximately two thousand hedge funds. The Fund currently invests in Indices representing the performance of the following investment categories, together with U. Each month the Methodology is used to recalculate the positions in the Fund for the following month.
The Fund obtains long exposure with respect to an Index by investing in Financial Instruments that rise or fall in value with a rise or fall in the value of the underlying Index, and obtains short exposure with respect to an Index by investing in Financial Instruments that rise in value with a fall in the value of the underlying Index and decline in value with a rise in the value of the underlying Index.
The use of specific market exposures in the Fund, their weights and their long or short exposures is based entirely on the Methodology. To the extent that the Methodology or its underlying data is not predictive of future events, the return of the Fund may deviate from the returns of the beta component of hedge fund returns. The Fund was closed to new investment effective October 12, You could lose money on an investment in the Fund.
Any of the following risks, among others, could affect Fund performance or cause the Fund to lose money or to underperform market averages of other funds.
This risk is exacerbated for those natural resources companies that own the underlying commodity. If a company declares bankruptcy or becomes insolvent, its stock could become worthless. Monthly indices designed to reflect the performance of the universe of risk parity managers in the industry. Performance benchmarks comprised of alternative investment strategies compliant with established UCITS guidelines.
Indices are comprised of hedge funds investing in cryptocurrency and distributed ledger technologies. Access our detailed database of thousands of hedge funds, fund of funds and managed futures investment products. Analyze HFR Index constituents. Conduct long term studies on liquidated and non-reporting hedge funds. The HFR Dead Funds Database is the essential guide to over 16, alternative investment products that have liquidated or otherwise ceased reporting.
An essential guide for institutional investors and alternative asset managers, the HFR Global Hedge Fund Industry Report provides detailed information on current hedge fund trends and historical data. CompIQ gives you all of the information you need in one place to optimize your pay decisions for every member of your firm from receptionist to CFO.