Hedge Funds
MSS advises the FTSEhx Fund which perfectly tracks the FTSE Hedge index series. This is an investable index representing a portfolio of diversified, globally based Hedge Funds which pursue a variety of investment strategies and styles.
Daily values can be found in the Financial Times, Bloomberg and via other market data providers - list of vendor codes (pdf).
The FTSEhx Fund = FTSE Hedge Index and so with no tracking variance is very suited to Structured Product providers. This is all achieved through leveraging our own independent Managed Account platform, HIP.
The ISE listed FTSEhx Fund SPC was launched in April 2004 and offers subscriptions in a number of currencies including GPB, USD, JPY and EUR.
MSS and FTSE
MSS is the exclusive advisor and manager of the FTSEhx Fund SPC which invests in the constituents of the FTSE Hedge index as determined by FTSE International and the FTSE Ground Rules. Hedge Fund managers and advisors undergo rigorous initial and ongoing due diligence, and MSS daily monitors the fully transparent hedge funds using GARAS, its proprietary risk management system.
“FTSE®” is a trade and service mark of the FT and the Exchange and is used by FTSE under licence. “FTSEhx” is a trade and service mark of FTSE. The indices are calculated by FTSE and all rights in and to the index values and constituent lists within the Indices vest in FTSE. The shares in the FTSEhx Fund (the “Fund”) are not in anyway sponsored, endorsed, sold or promoted by FTSE International Limited (“FTSE”), The Financial Times Limited (“FT”) or by the London Stock Exchange Plc (“the Exchange”) and neither FTSE nor the FT nor the Exchange make any warranty or representation whatsoever, expressly or impliedly, either as to the results to the Indices stands at any given time and/or the performance of the Fund. Neither FTSE, the FT nor the Exchange shall be liable (whether in negligence or otherwise) to any person for any error in the Indices or the performance of the Fund and neither FTSE, the FT nor the Exchange shall be under any obligation to advise any person of any error therein. All information is provided for information purposes only. Whilst every effort is made to ensure that all information given in this publication is correct, no responsibility or liability is accepted by FTSE for any errors or for any loss arising from use of this publication.
