The fund seeks long-term capital appreciation. The fund will employ
long and short positions in derivatives, primarily futures contracts and
forward contracts, across the broad asset classes of equities, fixed
income and currencies.
They identify hedge funds with robust data, a long history and strong
performance and add back fees to net performance to calculate gross
returns and adjust the returns for smoothing/outliers.
Initial screening process
They identify the key drivers of returns and screen factor universe for instruments that are liquid, efficient to trade.
DBi engine¹ analysis
They build what they believe is an optimized portfolio of liquid,
exchange-traded instruments and their corresponding optimal weights.
¹The Dynamic Beta Engine is designed to identify the main drivers of
performance of a diversified portfolio of the largest long/short equity
hedge funds, which are hedge funds that employ fundamental analysis to
buy or sell short individual equity securities to achieve their
respective investment objectives (“Equity Hedge funds”). DBi has
conducted extensive research into the drivers of performance of hedge
funds and believes that individual security selection by the target
Equity Hedge funds can deliver market outperformance over time through
shifts in asset allocation among major equity markets.
How to invest
The iM DBi Hedge Strategy ETF is listed on the U.S. exchange NYSE
Arca, similar to shares of publicly traded companies. Investors can buy
and sell the iM DBi Hedge Strategy ETF through most traditional
brokerage accounts. By using the fund ticker DBEH, your broker can place
a multitude of order types including; limit orders, marker orders, and
stop orders. The iM DBi Hedge Strategy ETF can be traded throughout
normal NYSE Arca trading hours.
iMGP Fundsʼ investment objectives, risks, charges, and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company, and it may be viewed here or by calling 1-800-960-0188. Read it carefully before investing.
Diversification does not assure a profit nor protect against loss in a declining market. Mutual fund investing involves risk. Principal loss is possible.
Potential risks include, but are not limited to, market risk, credit risk, liquidity risk, interest rate risk, and management risk. Outcomes depend on the skill of the sub-advisors and advisor and the allocation of assets among them. References to other mutual funds should not be deemed an offer to sell or solicitation of an offer to buy shares of such funds.