The hedge fund index replicator Dynamic Beta investments (DBi), has announced the launch of a new fund looking to track cost returns of 20 different managed futures hedge funds all under a UCITS wrapper. The iMGP DBi Managed Futures Fund will not directly invest in the hedge funds but instead use a strategy that estimates current factor rates to obtain similar exposure.
Dynamic Beta Investments Launches UCITS Managed Futures Fund
ETF Newz Says:
The new fund from DBi will rebalance its portfolio weekly.