Brett Arends of MarketWatch reports on hedge funds from the SALT conference in this video. He doesn’t like hedge fund fees, often 2% annually along with 20% of the profits, and points out that their long-term performance hasn’t really been spectacular. There’s nothing wrong with the hedge fund concept, however, and he concedes that some of the new hedge-fund-like mutual funds may perform well.
Our Global Macro strategy, in both separate account and mutual fund form, is not dissimilar to the strategies used by some Global Macro hedge funds. It can rotate among domestic equities, international equities, fixed income, commodities, currencies, real estate, and inverse funds. Below, it is compared to the Index IQ Global Macro hedge fund replication index. Depending on what your client is looking for in terms of uncorrelated assets to build their portfolio, our Global Macro strategy may be worth a look.
Click to enlarge. Source: Yahoo! Finance
To obtain a fact sheet and prospectus for the Arrow DWA Tactical Fund (DWTFX), click here.
Click here for disclosures. Past performance is no guarantee of future results.
Posted by Mike Moody 