AdvisorShares Hedge ETF To Launch

Aug 8 2012 | 9:07am ET

Another hedge fund exchange-traded fund makes its debut today on the New York Stock Exchange.

AdvisorShares’ QAM Equity Hedge ETF will be actively managed to “exceed the risk-adjusted performance of approximately 50% of the long/short equity hedge fund universe as defined by the constituents of the HFRI Equity Hedge (Total) Index,” the firm said. The new fund will be managed by Akos Beleznay and Kurt Voldeng; Memphis, Tenn.-based Commerce Asset Management serves as sub-advisor.

In addition to its exposure to the HFRI index, CAM will bring its own proprietary research to bear on the fund.

“We’re excited about our partnership with CAM and bringing QEH to market, providing an alternative strategy and expected return stream that was previously beyond the reach of an average investor but now available with the transparency and liquidity of an actively managed ETF,” Noah Hamman, AdvisorShares’ CEO, said. “Experienced hedge fund managers, represented in this Index that QEH seeks to outperform, are difficult to get access to and a challenge to deal with regarding liquidity, transparency and tax treatment.  In utilizing CAM’s extensive network and knowledge within the hedge fund universe, we feel QEH offers a core alternative solution that investors could use to further diversify their portfolio, which a 20-30% allocation to core alternatives can help bring true diversification to investors’ asset allocation.”

The ETF will trade under the ticker symbol QEH.


In Depth

Q&A: Reg A+ Will Transform the Alternative Asset Landscape

Jul 7 2015 | 4:03pm ET

In addition to easing capital formation for small companies, Regulation A+ has enormous...

Lifestyle

Fiat Chrysler Files Paperwork For Ferrari IPO

Jul 23 2015 | 5:05pm ET

Italian sportscar maker Ferrari has taken a step closer to a stock market listing...

Guest Contributor

Lifting of Foreign Ownership Limits Signals Sea Change in Vietnam's Capital Markets

Jul 28 2015 | 3:01pm ET

The lifting of restrictions on foreign ownership limits in Vietnam later this year...

 

Editor's Note