Wisdom Tree, the US’s 12th largest issuer of ETFs has become the latest US player to enter the hedge fund ETF space. The firm that is known mostly for its dividend and currency products will introduce three new actively managed funds that seek to replicate hedge fund strategies.  Hedge fund ETFs are the hottest thing around, but have so far been starved of investors.

• WisdomTree Real Return Fund will reportedly invest in a basket of inflation protected securities with “targeted exposure” to commodities, making it an intresting play on inflationary fears.

• WisdomTree Managed Futures Fund will invest exclusively in managed futures, a hot new asset class.

• WisdomTree Long-Short Fund will attempt to replicate a long/short strategy.