UCITS HFS Index breaks negative trend, up +0.97% in July
|August 6th, 2012||
|Contributed by: 2n20.com|
|After four negative months in a row the UCITS HFS Index reported a monthly gain of +0.97% for July 2012. The broad index started positively into the month with a first week performance of +0.35%, followed up by gains of +0.15% in week two. While the third week of July marked the best weekly performance of the month with additional gains of +0.51%, the last days of trading showed mixed results: while week four brought the first loss of -0.22%, the last three days of the month nearly nullified that loss with another positive performance of +0.18%. From all funds tracked 74.23% reported profits from a monthly perspective.|
About the UCITS HFS Index
The UCITS HFS Index Series is the first index family that tracks all UCITS funds using hedge fund strategies. The UCITS HFS Index Series includes all UCITS III funds that apply absolute return strategies, have more than 10 Mio. € of assets under management, offer at least weekly liquidity and have reported numbers for more than one month. Index tracking funds, long-only and 130/30 strategies are excluded.
The indices are calculated on every Friday and at the end of each month by the index provider 2n20.com AG and are published on the website www.ucitsindex.com.