Not exact matches
Direxion's iBillionaire Index ETF is barely five weeks old and holds only $ 35 million in assets, but it's
generated buzz
by investing in 30 companies chosen from the
portfolios of asset
managers with personal net worth of $ 1 billion or more.
The Fund offers meaningful exposure to the returns
generated by Australia's leading equity hedge fund
managers combined with the benefits of holding a diversified
portfolio of these
managers, within a single investment.
Many
managers, driven
by the demands of «scalability» and marketing, have
generated complex strategies and sprawling
portfolios (PIMCO Short Term, for example, has 1500 long positions, 30 shorts and a 250 % turnover) in pursuit of an answer.
If the hedge fund
manager choose these assets wisely, this means that the combined
portfolio should be unaffected
by market movements and that it would
generate a return greater than a risk free asset with no risk.
The water score is
generated by the ENERGY STAR ®
Portfolio Manager ® tool and supported
by WaterSense.