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Posted on: Oct. 8, 2015, 1:18 p.m.
USA Mutuals has teamed up with Burton Malkiel’s WaveFront Capital to launch its first converted hedge fund product. The new fund, the USA Mutuals/WaveFront Hedged Emerging Markets Fund (WAVFX), focuses on investments in the 23 countries classified as emerging markets, including China, Russia and Brazil. Year to date, the fund has returned 6.05%, according to the company. The fund is a conversion of its hedge fund predecessor, managed by WaveFront Capital Management, and will maintain the same investment management ... Full investment news article