If you want to diversify your portfolio and lower your risk
exposure with hedge funds, here’s what you should know:
Hedge Funds For Dummies explains all the different types of
funds, explores the pros and cons of funds as an investment, shows
you how to find a good broker, and much more.
Authored by Ann Logue, a financial writer and hedge fund
specialist, this handy, friendly guide covers all the bases for
investors of all levels. Whether you’re just building your
first portfolio or you’ve been investing for years,
you’ll find everything you need to know inside:
* What a hedge fund is and what it does
* How hedge funds are structured
* Determining whether a hedge fund is right for your
portfolio
* Calculating investment risk and return
* Short- and long-term tax issues
* Developing a hedge fund investment strategy
* Monitoring and profiting on macroeconomic trends
* Evaluating fund performance
* Evaluating hedge fund management
If you’re investing for the future, you definitely want to
minimize your risk and maximize your returns. A balanced portfolio
with hedge funds is one of the best ways to achieve that sort of
balance. This book walks you step by step through the process of
evaluating and choosing funds, incorporating them into your
portfolio in the right amounts, and making sure they give you the
returns you expect and deserve. You’ll learn all the ins and
outs of funds, including:
* What kind of fees you should expect to pay
* Picking a hedge fund advisor or broker
* Fulfilling paperwork and purchasing requirements
* Performing technical analysis and reading the data
* How to withdraw funds and handle the taxes
* Tracking fund performance yourself or through reporting
services
* Hedge fund strategies for smaller portfolios
* Performing due diligence on funds that interest you
This friendly, to-the-point resource includes information you
can’t do without, including sample portfolios that show you
how to invest wisely. Hedge funds are an important part of every
balanced portfolio, and this friendly guide tells how to use them
to your best advantage. With important resources, vital
information, and commonsense advice, Hedge Funds For Dummies
is the perfect resource for every investor interested in hedge
funds.
Содержание
Introduction 1
Part I: What Is a Hedge Fund, Anyway? 7
Chapter 1: What People Talk About When They Talk About Hedge Funds 9
Chapter 2: Examining How Hedge Funds Are Structured 27
Chapter 3: Not Just a Sleeping Aid: Analyzing SEC Registration 47
Chapter 4: How to Buy into a Hedge Fund 59
Part II: Determining Whether Hedge Funds Are Right for You 71
Chapter 5: Hedging through Research and Asset Selection 73
Chapter 6: Calculating Investment Risk and Return 95
Chapter 7: You Want Your Money When? Balancing Time and Liquidity 123
Chapter 8: Taxes, Responsibilities, Transparency, and Other Investment Considerations 135
Chapter 9: Fitting Hedge Funds into a Portfolio 151
Part III: Setting Up Your Hedge Fund Investment Strategy 165
Chapter 10: Buying Low, Selling High: Using Arbitrage in Hedge Funds 167
Chapter 11: Short-Selling, Leveraging, and Other Equity Strategies 183
Chapter 12: Observing How Hedge Funds Profit from the Corporate Life Cycle 203
Chapter 13: Macro Funds: Looking for Global Trends 217
Chapter 14: But Will You Make Money? Evaluating Hedge-Fund Performance 233
Part IV: Special Considerations Regarding Hedge Funds 255
Chapter 15: Hooking Onto Other Types of Hedge Funds 257
Chapter 16: Using Hedge-Fund Strategies without Hedge Funds 271
Chapter 17: Hiring a Consultant to Help You with Hedge Funds 291
Chapter 18: Doing Due Diligence on a Hedge Fund 303
Part V: The Part of Tens 319
Chapter 19: Ten (Plus One) Big Myths about Hedge Funds 321
Chapter 20: Ten Good Reasons to Invest in a Hedge Fund 327
Index 333
Об авторе
Ann C. Logue, MBA, is a financial writer who has written extensively on investing and hedge funds.