RBC Hedge 250 Index returned 0.94 per cent in April

Date: Wednesday, May 18, 2011
Author: Wendy Chothia, HedgeWeek

RBC Capital Markets today reported that for the month of April 2011 the RBC Hedge 250 Index had a net return of 0.94 per cent. This brings the year-to-date return of the index to 2.62 per cent. These returns are estimated and will be finalised by the middle of next month. The return for March 2011 has been finalised at -0.31 per cent.

The RBC Hedge 250 Index is a non-investable benchmark of the performance of the hedge fund industry. The index operates in accordance with a unique construction methodology. The universe on which the Index is based currently consists of 3,981 hedge funds (excludes funds of hedge funds) with aggregate assets under management of USD1.010 trillion.