If you want to invest like a hedge fund manager, now’s the time to put your money in transportation, computer technology and housing stocks.
Hedge funds are usually off-limits to the average Joe due to excessive fees. But AlphaClone’s ETF ALFA attempts to replicate successful fund strategies. And the method is completely automated. In a proprietary analysis, ALFA tracks more than 300 hedge funds by examining their mandatory 13 F-HR quarterly disclosures. The fund managers are given “clone” scores. ALFA mimics the funds of managers with the highest score.
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