The more the merrier, right?
That seems to be the thinking of hedge funds, which are becoming widely available among the public via mutual funds that invest in hedge funds or practice a similar philosophy.
And those funds are cropping up like wildfire.
Lipper estimates that there over four times more than there were just two years ago, MarketWatch
reports. Many are intent on making the price right, some offering a minimum investment of only $1,000—a far cry from the $500,000 minimum most hedge funds require.
Hedge-funds are alluring, yet when you look at the facts, you'll see that the average hedge fund has performed no better than the stock market since the October 2007 bull-market high. Now, that's just the average. Some have done terribly, and others have done awesomely.
If, as a mutual fund, you want to implement strategies of the most successful hedge funds, consider
AmericaFirst Quantitative Strategies Fund, who is setting a fine example.
For more, see the story
here.
 
Edited by:
Nicole Spector
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