Hedge Funds For Dummies

Front Cover
John Wiley & Sons, Oct 30, 2006 - Business & Economics - 360 pages
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.

 

Contents

Introduction
1
Determining Whether Hedge Funds
4
The Part of Tens 319
5
What People Talk About When They Talk About Hedge Funds
9
Examining How Hedge Funds Are Structured
27
Not Just a Sleeping Aid Analyzing SEC Registration
47
Not Just a Sleeping Aid Analyzing SEC Registration 47 Getting to Know the SECs Stance on Registration and Regulation 48 Examining the SECs pas...
49
How to Buy into a Hedge Fund
59
Fitting Hedge Funds into a Portfolio
151
Setting Up Your Hedge Fund
163
ShortSelling Leveraging and Other Equity Strategies
183
Making Market Calls
197
Observing How Hedge Funds Profit from
203
Macro Funds Looking for Global Trends
217
But Will You Make Money? Evaluating HedgeFund Performance
233
Special Considerations Regarding
257

How to Buy into a Hedge Fund 59 Using Consultants and Brokers
60
135
65
Determining Whether Hedge Funds
71
Hedging through Research and Asset Selection
73
Calculating Investment Risk and Return
95
You Want Your Money When? Balancing Time and Liquidity
123
Poring Over Your Principal Needs
128
Taxes Responsibilities Transparency
135
Using HedgeFund Strategies without Hedge Funds
271
Hiring a Consultant to Help You with Hedge Funds
291
Doing Due Diligence on a Hedge Fund
303
Doing Due Diligence on a Hedge Fund 303 Why Do Due Diligence?
304
Ten Plus One Big Myths about Hedge Funds
321
Ten Good Reasons to Invest in a Hedge Fund 327 Helping You Reduce Risk
327
Index
333
Copyright

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About the author (2006)

Ann C. Logue, MBA, is a financial writer who has written extensively on investing and hedge funds.

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