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.
Introduction. Part I: What Is a Hedge Fund, Anyway? Chapter 1: What People Talk About When They Talk About Hedge Funds. Chapter 2: Examining How Hedge Funds Are Structured. Chapter 3: Not Just a Sleeping Aid: Analyzing SEC Registration. Chapter 4: How to Buy into a Hedge Fund. Part II: Determining Whether Hedge Funds Are Right for You. Chapter 5: Hedging through Research and Asset Selection. Chapter 6: Calculating Investment Risk and Return. Chapter 7: You Want Your Money When? Balancing Time and Liquidity. Chapter 8: Taxes, Responsibilities, Transparency, and Other Investment Considerations. Chapter 9: Fitting Hedge Funds into a Portfolio. Part III: Setting Up Your Hedge Fund Investment Strategy. Chapter 10: Buying Low, Selling High: Using Arbitrage in Hedge Funds. Chapter 11: Short-Selling, Leveraging, and Other Equity Strategies. Chapter 12: Observing How Hedge Funds Profit from the Corporate Life Cycle. Chapter 13: Macro Funds: Looking for Global Trends. Chapter 14: But Will You Make Money? Evaluating Hedge-Fund Performance. Part IV: Special Considerations Regarding Hedge Funds. Chapter 15: Hooking Onto Other Types of Hedge Funds. Chapter 16: Using Hedge-Fund Strategies without Hedge Funds. Chapter 17: Hiring a Consultant to Help You with Hedge Funds. Chapter 18: Doing Due Diligence on a Hedge Fund. Part V: The Part of Tens. Chapter 19: Ten (Plus One) Big Myths about Hedge Funds. Chapter 20: Ten Good Reasons to Invest in a Hedge Fund. Index.
Ann C. Logue is a freelance writer and consulting analyst. She has written for Barron’s, the New York Times, Newsweek Japan, Compliance Week, and the International Monetary Fund. She’s a lecturer at the Liautaud Graduate School of Business at the University of Illinois at Chicago. Her current career follows 12 years of experience as an investment analyst. She has a BA from Northwestern University, an MBA from the University of Chicago, and she holds the Chartered Financial Analyst designation.
Filled with tips on picking the right fund — at the right time Calculate risk and return, analyze funds, and evaluate your performance Want to diversify your portfolio with hedge funds? Need to know more before you invest? Relax! Hedge Funds For Dummies explores the pros and cons of hedge funds as an investment choice, and shows you how to find a hedge fund manager who is right for you. When it comes to hedge funds, start here! Discover how to Understand your tax liability Avoid common mistakes of failed hedge funds Set up your hedge fund strategy Understand legislation affecting hedge funds Handle due diligence on your hedge fund