Opalesque Industry Update - The Scotiabank Canadian Hedge Fund Index ended August 2022 up 1.17% MOM on an asset-weighted basis and up 0.22% MOM on an equal-weighted basis. The comparable benchmark indices were both down for the month, with the S&P TSX 60 Total Return Index and S&P 500 Total Return Index posting decreases of -1.61% and -4.08% respectively.
The Scotiabank Canadian Hedge Fund Index provides a comprehensive overview of the Canadian Hedge Fund universe. Returns are calculated using an equal-weighting and an asset-based weighting of the funds. The index includes open and closed funds with a minimum AUM of C$15 million and a 12-month track record, that are managed by Canadian-domiciled managers.
Press release Article source - Opalesque is not responsible for the content of external internet sites |