Hedge funds

GURU ETF Does Not Replicate Hedge Fund Performance


Global X announced yesterday that it was going to launch an ETF that mimics the moves made by hedge funds on the market. The Global X Top Guru Holdings index (NYSE:GURU) supposedl follows hedge funds based on their 13F filings with the SEC for each quarter.

A similar fund was opened by AlphaClone last week. The fund name is the AlphaClone Alternative Alpha Index (NYSE:ALFA). Although, we have not examined this fund in particular.

This article focuses on the GURU ETF.

The funds . . .


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