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Canadian Hedge Funds

Canadian Hedge Funds

Canadian Hedge Funds Down in April 2012

Canadian hedge funds are suffering poor performance as of late according to The Scotiabank Canadian Hedge Fund Index. The index ended April 2012 down 2.99% on an asset weighted basis and down 1.86% on an equal weighted basis.
The Scotiabank Canadian Hedge Fund Index ended April 2012 down 2.99% on an asset weighted basis and down 1.86% 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 CAD15 million and at least a 12 month track record of returns, managed by Canadian-domiciled hedge fund managers.  Source

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