As of October 6, 2015, db x-trackers - db Equity Strategies Hedge Fund Index UCITS ETF has gone out of business. db x-trackers - db Equity Strategies Hedge Fund Index UCITS ETF is an exchange traded fund of fund launched by Deutsche Asset & Wealth Management Investment S.A. The fund is managed by State Street Global Advisors Limited. It invests in hedge funds which further invest in the public equity markets. The fund invests in funds that take long, short, and market neutral positions and uses derivative such as swaps to invest in the stocks of companies operating across diversified sectors. It invests in funds which invest in the stocks of companies across all market capitalizations. The fund seeks to replicate the performance of the db Equity Strategies Hedge Fund Index, by employing synthetic replication methodology. db x-trackers - db Equity Strategies Hedge Fund Index UCITS ETF was formed on November 24, 2010 and is domiciled in Luxembourg.