New Star offers Hedge ETS

New Star is offering the third tranche of its Hedge ETS, providing exposure to the RBC Hedge 250 Ind...

New Star is offering the third tranche of its Hedge ETS, providing exposure to the RBC Hedge 250 Index. The Hedge ETS is a London-listed daily tradable security, offering access to 250 actively managed hedge funds. The group's two previous offerings raised in excess of $250m. Two types of shares are being offered, 1X shares which offer unleveraged exposure to the performance of the index and 3X shares which target three times exposure to the performance of the index. Both are available in Euro, Sterling and US Dollars, with minimum investments of EUR€50,000, GB£40,000 and US$75,000 ...