Thank you as always for your insight.
HDGE owns a mix of equities, fixed income, and 'alternatives', which can be short positions, options, arbitrage and other non-traditional positions. The fund is small, with assets of $17 million, and the fund only charges a performance fee (20% above benchmark). Performance has been decent, with YTD at 9.62%. It held up fairly well last year and provided a good hedge to declining markets. It is a bit small to fully endorse, and it has only been traded since late 2021. We really would like to see $50M in assets at least and it is hard to judge its true hedging skill on only two year's performance. But, so far, it is doing as claimed, and looks interesting.