New York (HedgeCo.Net)- The RBC Hedge 250 Index for the month of Mat, 2007, had a net return of 1.70%. This brings the year-to-date return of the Index to 6.35%. These returns are estimated and will be finalized by the middle of next month. The return for April 2007 has been finalized at 1.66%.
Since its inception on July 1, 2005 through the end of April 2007, the RBC Hedge 250 Index has had an annualized net return of 11.73%. In comparison, over the same period, other investable indices have averaged 8.48% while non-investable indices have averaged 13.41%.
The RBC Hedge 250 Index is an investable benchmark of the performance of the hedge fund industry. The Index operates in accordance with a unique construction methodology. Comprised of more than 250 actual hedge funds, the RBC Hedge 250 Index is positioned as the industry’s most diversified and representative investable index. The Universe on which the Index is based currently consists of 5,755 hedge funds (excludes funds of hedge funds) with aggregate assets under management of $1.410 trillion.
Alex Akesson
Contributing Writer
HedgeCo.Net
Email: [email protected]
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