for a certain level of risk. These funds managers may long and short stocks, bonds, currencies, stock options and derivatives on interest rate, stock index, appying covered call, protected put and bull spread etc, with the aim to eliminate downside or lock certain profit based on the requirements of customer. These are unregulated funds for wealthy investors.

Last time, was told my one of the senior managers in my company that H-Fund nowadays has deviated from its original form and operating much like a i-bank. Open for discussion.