Hedge Funds

Psagot Compass Hedge Funds, specializing in the management of hedge funds, offers the Compass International Management, L.P. hedge fund.

The fund's objective is to yield a stable, positive dollar return over an extended period of time which is higher than the risk-free dollar interest rate, and at  the lowest possible standard deviation and in low correlation with the trends of traditional markets. 
 
The global long/short equity strategy is the most common strategy employed in the hedge fund market.  This is an active investment strategy where fund managers invest in companies that they believe to be undervalued and short sell equities that they consider overvalued.
 
The advantages of the long/short strategy:
• Capitalizes on pricing gaps at the individual stock and market levels.
• Makes use of derivatives in order to achieve maximum flexibility and contain losses.
• Minimizes dependence between investment return and market performance.
• Disperses investments in investment tracks in low correlation with the rest of the assets portfolio.