The Toews S&P 500 Hedged Index Fund and the Toews Nasdaq-100 Hedged Index Fund targets investors seeking reasonable real rates of return combined with protection against significant losses or those who don’t want to settle for fixed returns but fear the risks associated with stocks.
During rising markets, the funds closely track the stock market indices. When the market turns, a hedge is put in place, which attempts to offset losses and generate Treasury rates of return. The system unravels the hedge when the market picks up.
SEI Investments will provide accounting, administration and distribution services for the new funds, slated for launch on August 1.