UBS Lists HFRX-Based ETFs

Jan 21 2011 | 12:48pm ET

UBS has launched a trio of new hedge fund exchange-traded funds tracking the HFRX Global Hedge Fund Index.

The three ETFs were listed on Deutsche Börse's XTF platform on Wednesday, the exchange said. Two are aimed at retail investors with a 2% expense ratio, while a third, U.S. dollar-denominated version is targeted primarily at institutional investors, offering a 1.5% expense ratio.

The retail fund is available in euro- and U.S.-dollar denominated versions.

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