Thu, Apr 17, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Scotiabank Canadian Hedge Fund Index Asset Weighted up 1.07% in August, (-0.95% YTD)

Friday, September 27, 2013
Opalesque Industry Update - The Scotiabank Canadian Hedge Fund Index ended August 2013 up 1.07% on an asset weighted basis (-0.95% YTD) and rose 0.79% on an equal weighted basis (0.26% YTD).

The aim of the Scotiabank Canadian Hedge Fund Index is to provide a comprehensive overview of the Canadian Hedge Fund universe. To achieve this, index returns are calculated using both an equal weighting and an asset-based weighting of the funds. The index includes both open and closed funds with a minimum AUM of C$15 million and at least a 12 month track record of returns, managed by Canadian-domiciled hedge fund managers.

Month End Aug 2013

 

Value

Return 
MOM

Return 
YTD

Annualized 
Return*

Annualized 
Standard 
Deviation**

 

 

Scotiabank Canadian Hedge Fund Index Asset Weighted

1854.87

1.07%

-0.95%

7.39%

11.56%

 

 

Scotiabank Canadian Hedge Fund Index Equal Weighted

1418.63

0.79%

0.26%

4.12%

9.89%

 

 

S&P TSX Composite

12653.9

1.34%

1.77%

3.69%

15.79%

 

 

S&P 500 (quoted in USD)

1632.97

-3.13%

14.50%

3.50%

16.38%

 

 

S&P 500

1720.73

-0.67%

21.61%

1.98%

11.80%

 

 

DEX 91 Day Treasury Bill Index

393.49

0.09%

0.67%

2.08%

0.47%

 

 

DEX Universe Bond Index

877.84

-0.32%

-1.81%

5.06%

3.34%

 

 


press release: www.scmonline.com/analytics/cgi-bin/hedgefund/entry_screen.cgi.

www.gbm.scotiabank.com

Bg

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Banner
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: European stock-picking fund up 19% YTD, bets on small caps’ high cash level[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Here is a European long/short equity fund that has been beating the odds since its 2008 inception by employing its own investment model, frequent company visits

  2. CTAs could face new challenges in a rising rates environment[more]

    Bailey McCann, Opalesque New York: CTAs have taken a beating performance wise lately, and asset flows reports show that investors aren't sticking around to see how the movie ends. Now, a new white paper from Roy Niederhoffer and Coen Weddepohl notes that as interest rates start to tick back u

  3. Investing – Big hedge funds bought Puerto Rico's junk bonds, Fidelity explores new trading venue amid flash trade concerns, Crisis-era Greek bonds reward early buyers with big effective returns, Cargill unit discloses stake in Freddie preferred[more]

    Big hedge funds bought Puerto Rico's junk bonds From Reuters.com: Several large hedge funds doubled down on Puerto Rico in last month's giant bond sale despite the U.S. territory's financial struggles, the Wall Street Journal reported, citing confidential documents reviewed by the newspa

  4. Opalesque TV: First Trust Advisors launches liquid alternatives platform[more]

    Bailey McCann, Opalesque New York: First Trust Advisors is launching a new liquid alternatives platform aimed at building on the companies existing alternative ETFs offering by adding hedged mutual funds. Senior Portfolio Managers Rob Guttschow and John Gambla recently sat down in an

  5. Commodities – Popular value fund manager David Iben bets on Russia, gold,[more]

    From Reuters.com: With large bets on Russia and North American gold miners, one of the best performing stock pickers in the wake of the 2008 financial crisis is back with a new fund that reflects his deep aversion to following the crowd. In the Kopernik Global All-Cap Fund, David Iben is follo