Unlimited HFGM Global Macro ETF (HFGM) 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 Global Macro sector (see the section in the Funds Prospectus titled Additional Information about the Funds), 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 returns of fees may outperform those of the hedge fund industry Global Macro sector. Additionally, the Fund may benefit from its comparatively lower operating expenses versus the relatively high fees and expenses charged by hedge funds.