Vanguard Market Neutral Fund - opinions?
Hello everyone, I've recently noticed that Vanguard has a new fund called the Market Neutral Fund which invests in both long and short domestic equities. The investor class has a min of 250k and is managed by AXA Rosenberg.
This is outside my usual investment strategies (stocks bonds ETF and index funds) & wanted to get feedback from others if you have invested in this or similar type of fund. What I find interesting is that this seems to be a 'hedge fund' type of a product without the heavy 2/20 management/performance fees.
Thanks in advance.