2012-04-11 — finalternatives.com
Global X Funds has filed for four such ETFs and First Trust for one with the Securities and Exchange Commission. The latter's Hedge Fund Manager Holdings Index Fund will track a Wells Fargo index that includes the 100 stocks most widely held by hedge funds based on Form 13F filings with the SEC.
New York-based Global X has a more ambitious plan, although three of its planned offerings will also invest in hedge fund holdings based on 13Fs. But two will focus on activist and value hedge fund managers, while another ETF will invest in publicly-listed hedge fund firms.
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