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  1. Early evidence on the performance of hedged exchange traded funds

    Early evidence on the performance of hedged exchange traded funds

    Item type: Journal Article • Journal: Investment Analysts Journal • Authors: Joseph K. W. Fung --- , Jason M. K. Cheng --- , Hong Kong F. Y. Eric Lam --- ,
    This study provides early evidence on the performance of Hedged Exchange Traded Funds (HETFs), which were introduced around 2006. These securities track and enable retail investors to access two hedge fund strategies: global macro and long/short equity. Using monthly data...