
Surpassing 3 billion dollars in assets for the first time, Quantedge recorded an 18.6% gain in the first five months of 2021. The fund's returns were driven primarily by strong performance in commodities and equities, which helped offset a drag from fixed-income positions.
In a move to provide more flexibility to its 600 investors, the fund introduced a new long-term share class that gives investors the option to redeem 5% of their shares each calendar quarter.
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