Unlimited HFND Multi-Strategy Return Tracker ETF (HFND)
Unlimited HFND Multi-Strategy Return Tracker ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $24.12, up 0.02% on the session, giving a market capitalisation of $34.6M. Its beta of 0.50 implies it has historically moved less than the broad market.
This fund typically constructs its portfolio using 30 to 50 underlying exchange-traded funds (ETFs) and futures contracts, employing both long and short investment stances. It retains the option to utilize swap agreements as part of its strategy. A key characteristic is its explicit exclusion of direct investments in hedge funds. To finely tune its risk and return dynamics, the fund will also strategically short the securities of the underlying ETFs. Investors should be aware that this fund is designated as non-diversified.
Unlimited HFND Multi-Strategy Return Tracker ETF is most often compared with the following Financial Services names: