Van announces hedge fund universe tracker fund

The Van Tracker Fund (VTF) tracks the 15-year Van Global Hedge Fund Index. This index tracks approximately 1,200 funds, while the VTF will comprise of a minimum of 60 funds. In Asia the product will be available though Van's joint venture partners in Australia and Singapore. The fund will launch with a minimum of US$60 million and Van expects no capacity issues through the first US$2 billion. "We are very excited about the VTF. The year 2002 was spent building it. In 2003, we plan t…