MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, July 8, 2013 A History-Making Fund Turns Five Happy belated birthday to IndexIQ's [profile] IQ Alpha Hedge Strategy Fund! The no-load, open-end mutual fund product celebrated its five-year anniversary on June 30. The fund, which made history as the first open-end hedge fund ever offered in the mutual fund category was designed as a core holding for investors, providing broad market exposure and also acting as a replacement for pricier, traditional hedge funds. Since the fund's inception, liquid alternatives have become all the rage. Total assets in the U.S. alternative mutual funds an ETFs are now roughly $550 billion. See the full press release, which includes charts and graphs, here. Printed from: MFWire.com/story.asp?s=44790 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |