Opalesque - Scotiabank Canadian Hedge Fund Index ended March -6.8% MOM on asset weighted basis, -6.9% YTD

24.04.2020 Scotiabank Canadian Hedge Fund Index ended March -6.8% MOM on asset weighted basis, -6.9% YTD

Opalesque Industry Update - The Scotiabank Canadian Hedge Fund Index ended March 2020 down -6.82% MOM on an asset weighted basis and down -9.99% MOM on an equal weighted basis.

Source: Scotiabank

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.

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