Credit Suisse Launches Hedge Fund ETN (CSLS)
February 22, 2010 at 13:15 PM EST
Credit Suisse, one of the world’s largest financial services providers, announced Monday the launch of the Credit Suisse Long/Short Liquid Index (Net) ETN (CSLS), a product designed to correlate to the performance of the Credit Suisse Tremont Long/Short Equity Hedge Fund Index. But the new ETN achieves hedge fund-like exposure in a unique manner. The [...] Related Stories: Hedge Fund ETFs vs. Actual Hedge Funds IndexIQ Lists Second Hedge Fund ETF: Floodgates Are Open Door Opens For Hedge Fund ETFs
