Credit Suisse launches ETN tracking hedge fund strategy

02/22/2010 | · Hedgeweek (London)

An exchange-traded note from Credit Suisse is designed to replicate the performance of the equity long-short strategy pursued successfully by many hedge funds. The Credit Suisse Long/Short Liquid Index ETN seeks to mirror returns of the Credit Suisse Tremont Long/Short Equity Hedge Fund Index. Because the investment is structured as a note, its credit risk is determined by the financial strength of Credit Suisse. The ETN's management fee is 0.45%, and it trades on NYSE Arca.

View Full Article in: · Hedgeweek (London)

Published in Brief: