Alabama Fund Hedge Newton
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Fund of hedge funds - A fund of hedge funds is a fund owning many different hedge funds to minimize the risks.
Hedge fund - The term "hedge fund" dates back to the first such fund founded by Alfred Winslow Jones in 1949. Jones' innovation was to sell short some stocks while buying others, thus some of the market risk was hedged.
Newton, Alabama - Newton is a town located in Dale County, Alabama. As of the 2000 census, the population of the town is 1,708.
Fund of funds - A "fund of funds" is a package of funds of the same type, and is sold as one single product. There are several types of fund of funds, including mutual fund of funds, hedge fund of funds etc.
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