Opalesque - Scotiabank Canadian Hedge Fund Index ends July +3% (+5% YTD) on asset-weighted basis

28.08.2020 Scotiabank Canadian Hedge Fund Index ends July +3% (+5% YTD) on asset-weighted basis

Opalesque Industry Update - The Scotiabank Canadian Hedge Fund Index ended July 2020 up 2.98% MOM on an asset-weighted basis and up 4.07% MOM on an equal-weighted basis.

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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