Hedge Funds

Dickerson starts ETF fund with author's help


Michael Dickerson, a senior portfolio manager at H.G. Wellington & Co., has teamed up with Gary Gastineau, the author of The Exchange-Traded Funds Manual, to launch two funds that will go long and short exchange-traded index funds.

Gary Gastineau, author

Skyhawk Market Neutral Investment Fund will take approximately equal dollar amounts of long and short positions in ETFs and other portfolios, futures contracts, options and instruments derived from the S&P and Barra Growth and Value indices.

Skyhawk Equity Investment Fund will have a similar approach but will be partially hedged at each portfolio rebalancing and will