Unlimited HFGM Global Macro ETF (HFGM)

The Unlimited HFGM Global Macro ETF (HFGM) is sponsored by Unlimited Funds, a firm founded by Bob Elliott that offers exchange-traded funds designed to replicate the returns of hedge fund strategies.

This fund targets the return profile of global macro hedge funds, which take positions across stocks, bonds, currencies and commodities based on economic trends. It uses a quantitative model to estimate the aggregate positioning of that hedge fund category and recreates it with liquid instruments such as ETFs and futures.

The goal is to provide global macro hedge fund exposure in a transparent, daily-traded vehicle.