Hedge fund ETF reaches $1bn in AUM

The ETF invests directly in hedge funds through the underlying db Hedge Fund index, which is linked to the range of hedge funds available on Deutsche's X-markets platform. Deutsche Bank global head of hedge fund derivatives Stephane Farouze says: "The db x-trackers Hedge Fund Index ETF is the first of its kind to provide exposure to the performance of actual hedge funds. It is not a hedge fund replicator." The fund is available in US dollars, British pounds, euros and Swiss francs, and is listed in the UK, Germany and Switzerland. Deutsche Bank provides sufficient liquidity across ...