BHMG is an investment trust based on the Brevan Howard Macro hedge fund (BH Macro). BH Macro employs a strategy trading FX and fixed income and enjoys a low correlation with the main indices. It has a decent track record of about 15 pct annual return between 2003 and 2009 compared with about 6 pct for the MSCI World Index over the same period. If 2012 turns out to be a tricky year for investing, this performance may at least beat the market. (However, if the market surprises on the upside, BHMG's performance is likely to lag.)
Recs
BHMG is an investment trust based on the Brevan Howard Macro hedge fund (BH Macro). BH Macro employs a strategy trading FX and fixed income and enjoys a low correlation with the main indices. It has a decent track record of about 15 pct annual return between 2003 and 2009 compared with about 6 pct for the MSCI World Index over the same period. If 2012 turns out to be a tricky year for investing, this performance may at least beat the market. (However, if the market surprises on the upside, BHMG's performance is likely to lag.)