"Liquid alternatives" or hedge fund ETFs replicate professional strategies (like long/short equity or merger arbitrage) but trade on public exchanges. The basics of hedge funds - Merrill Lynch
: Typically follow a "2 and 20" structure—a 2% annual management fee and a 20% performance fee on profits. Minimums : Often range from $100,000 to $2 million. 2. Hedge Fund ETFs (Available to All) buy hedge funds
Directly buying into a private hedge fund requires you to be an . In the United States, as of April 2026, this typically requires meeting one of the following SEC criteria: as of April 2026
If you qualify, you can invest directly in private partnerships. excluding your primary residence.
: Over $1 million (individually or with a spouse/partner), excluding your primary residence.