Van announces hedge fund universe tracker fund

US hedge fund advisor announces the Van Tracker Fund

The Van Tracker Fund VTF tracks the 15-year Van Global Hedge Fund Index. This index tracks approximately 1,200 funds, while the VTF will comprise of a minimum of 60 funds. In Asia the product will be available though Van's joint venture partners in Australia and Singapore.

The fund will launch with a minimum of US$60 million and Van expects no capacity issues through the first US$2 billion.

We are very excited about the VTF. The year 2002 was spent building it. In 2003, we plan to build worldwide distribution for it and are interested in exploring its use with potential distributors, institutional investors and other potential users, including...

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