An actively managed long/short hedge fund ETF will be
offered by
AdvisorShares to retail investors.
Tom Lyndon reports for
ETF Trends that the
QAM Equity Hedge ETF will try to outperform the S&P 500 index while also trying to diminish overall risk.
The fund, which will be PMed by Kurt Voldeng and Akos Beleznay, will have charge 1.64 percent expense ratio. This new offering will be sub-advised by Commerce Asset Management.
Noah Hamman, CEO of AdvisorShares, said in a press release that the firm is "excited about our partnership with CAM and bringing QEH to market."
 
Edited by:
HFD
Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE