The Simplify DBI CTA MF Index ETF will be a cheaper, index-based clone of the original ETF, with fees of 35 basis points, against the original’s 85 basis points, and will be Swap-based rather than trading futures directly.
DBi’s managing member, Andrew Beer, says: “Simplify tells me their vision is to bring the index revolution to a hedge fund strategy with undeniable diversification benefits.” He believes that the Swap route may even bring a further tax efficiency for investors
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