Short Takes: Hedge Fund Gating and more

1. Preet explains hedge fund gating. If you don’t know what this is, you should probably steer clear of hedge funds.

2. Canadian Mortgage Trends report that the Canadian banking system is leaving a part of the mortgage market untapped: Sharia mortgages. Sharia lenders can’t charge interest directly, but have to become co-owners who charge rent. Apparently there are thousands of customers on waiting lists for the few lenders who offer Sharia mortgages.

3. Big Cajun Man has some fun investing services to alert you that you’re spending too much.