Exchange-Traded Concepts, the firm providing turnkey solutions to companies looking to make an entrance into the ETF industry, announced this week the debut of a unique product that will seek to clone strategies implemented by hedge funds.
The new AlphaClone Alternative Alpha Exchange-Traded Fund (ALFA) will seek to replicate the AlphaClone Hedge Fund Long/Short Index, a benchmark that is constructed based on publicly disclosed positions of hedge funds and institutional investors.
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