GVIP - GVIP: An Intriguing Hedge Fund Consensus ETF
2024-06-26 12:00:09 ET
Summary
- Goldman Sachs Hedge Industry VIP ETF (GVIP) replicates the top holdings of hedge fund managers.
- GVIP holds approximately 50 equal-weight positions.
- GVIP currently mimics a GARP strategy with high sentiment and growth at a reasonable price.
- The 0.45% net expense ratio is a reasonable way to attempt to follow the 'smart money'.
Do you ever feel overwhelmed with the sheer number of stocks available and wish that a professional asset manager would give you his highest conviction picks? Better yet, do you wish that you could access dozens of hedge fund managers that would feed you their top ideas and have that rolled into one fund? But without the 2 and 20 fees? ...
GVIP: An Intriguing Hedge Fund Consensus ETF