Barclays launches Vix strategy to play volatility

Barclays has launched an investment strategy to give investors exposure to the Vix volatility index.

The S&P 500 Dynamic Vix Futures Index Total Return Investment (Dynamic Vix) offers exposure to volatility without using traditional portfolio diversifiers such as gold and oil. The Dynamic Vix aims to get exposure to the implied volatility of the US stock market through an automated allocation strategy, enhancing beta when volatility is high. Barclays said simulated past performance shows that over the past year the Dynamic Vix would have returned 9.58%, compared with -11.40% for the S&P 500 VIX. Lisa Chaudhuri of UK Investor Solutions at Barclays, said: "Given its negative correla...