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UCITS HFS Index finishes erratic month with gains, up 0.35% in April (1.57% YTD)

Thursday, May 23, 2013
Opalesque Industry Update — The UCITS HFS Index continues its positive performance in 2013 with gains of 0.35% in April 2013. The broad index started negatively into the month with a weekly loss of -0.29% after the first week of trading. Things turned around in week two though with gains of 0.44% which were nearly nullified by a third week loss of -0.43%. As the fourth week of the month brought along a positive performance of 0.51% the monthly performance turned positive again, and additional gains of 0.13% in the last days of April strengthened the result. From all funds tracked in the UCITS HFS Index 61.08% reported profits in April 2013.

From a sub-strategy perspective seven out of the twelve sub-strategies reported positive results in April, the best performing being CTA (1.76%), Global Macro (1.56%) and Convertible (1.06%). While the latter took losses in week one and three, CTA and Global Macro returned gains throughout except for week three. The worst performing strategies in April were Commodity (-0.63%), Currency (-0.56%) and Arbitrage (-0.21%). All of the three strategies started negatively into the month, recovered slightly and took further losses in the third week of trading, which were partially reduced in the last days of April. While Commodity and Arbitrage are also the only two strategies that are negative year to date, Fixed Income (0.64%) remains the only strategy to report 17 consecutive back-to-back positive monthly results in a row. From a year to date perspective the broad UCITS HFS Index now stands at +1.93% in 2013.

The indices are calculated on every Friday and at the end of each month by the index provider 2n20.com AG, a Swiss a financial service provider specialized in internet based services tailored for the hedge fund industry, and are published on the website www.ucitsindex.com .

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