Unlimited HFEQ Equity Long/Short ETF (HFEQ) Stock Price, Quote, News & History | Benzinga

The Fund seeks to create an investment portfolio with similar return characteristics to the gross of fees returns of the hedge fund industrys Equity Long/Short sector while also targeting a volatility level approximately twice that of the sector. By incorporating higher volatility, the Funds sub-adviser, Unlimited Funds, Inc. (Unlimited or the Sub-Adviser), believes that the Funds net of fees returns may outperform those of the Equity Long/Short sector. Additionally, the Fund may benefit from its comparatively lower operating expenses versus the relatively high fees and expenses charged by hedge funds.