New York (HedgeCo.net) – RBC Capital Markets reported today that the RBC Hedge 250 Index(R) had a net return of 2.20% for the month of September 2009. This brings the year-to-date return of the Index to 17.44%. These returns are estimated and will be finalized by the middle of next month. The return for August 2009 has been finalized at 1.67%.
The RBC Hedge 250 Index is an investable benchmark of the performance of the hedge fund industry. Comprised of approximately 250 actual hedge funds, the RBC Hedge 250 Index is positioned as the industry’s most diversified and representative investable index. The Universe on which the Index is based currently consists of 5,230 hedge funds (excludes funds of hedge funds) with aggregate assets under management of $915 billion.
Since its inception on July 1, 2005 through the end of August 2009, the RBC Hedge 250 Index has had an annualized net return of 3.38%. In comparison, over the same period, other investable indices have averaged -0.77%t while non-investable indices have averaged 4.95%, according to information reported by the sponsors of those indices.
Alex Akesson
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