Unlimited launched its first product, the Unlimited HFND Multi-Strategy Return Tracker ETF (NYSE: HFND), in fall 2022 and uses proprietary technology to seek to replicate gross-of-fee hedge fund returns. HFND was the most successful independent, actively managed ETF launch of 2022 based on total asset inflows since launch. The firm develops low-cost, tax-efficient, and highly liquid strategy-tracking ETFs that track global macro, long-short equity, and lower-beta strategies. Unlimited plans to use its technology to introduce additional alternative strategy ETFs while building out sales and distribution capabilities. The company also intends to expand its content and advisor-facing thought leadership via social media and a weekly newsletter. Leadership includes CEO and CIO Bob Elliott, and co-founders Bruce McNevin and Matt Salzberg; the firm is based in New York.

Total raised

$8M

Funding rounds

2

Latest round

Series A

Latest activity

Jun 2023