21.08.2015 - Using ETFs To Run Your Own Hedge Fund
Broadly speaking, hedge funds have not been attracting the best press over the past few years. Simply put, the overall performance has not been strong enough to justify the high fees fund managers charge. Still, investors are drawn to hedge funds and some managers, such as Bill Ackman, David Einhorn and Daniel Loeb, are afforded celebrity status by the financial media. A growing number of exchange traded funds give investors access to some of the most widely-held hedge fund stocks and the advantage is investors merely pay a brokerage fee to buy and sell the fund along with the ETF's annual fee (if they hold the fund for at least a year), all of which is more affordable than the 2 percent and 20 percent hedge funds are notorious for charging...............................................Full Article: Source
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