5-94 These "more risky" hedge funds aim to profit from changes in global economies,typically brought about by shifts in government policy that impact interest rates.

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Macro funds aim to profit from changes in global economies and government policies, particularly those that impact interest rates. They use a top-down approach by analyzing macroeconomic trends and making bets on various instruments such as currencies, commodities, and bonds.

5-94 These "More Risky" Hedge Funds Aim to Profit from Changes