“You might think it’s the passive version of hedge funds,” but turnover can range as high as 20% a month, Hill says.
She acknowledges that hedge funds have been struggling all year with some managers caught off-balance by the stock rally.
However, Hill thinks HDG is a “good opportunity to buy in to the hedge fund community with this vehicle … because in the future they’re going to figure out how to deliver those returns they’ve historically been so good at.” The market has been driven by mega- cap stocks recently “but that’s not going to last forever,” she adds.
Watch the video to see the full interview.
