After a good start into 2015 the UCITS HFS Index continues its positive run with gains of 1.01% in February 2015. The broad index started slowly into the month, posting returns of 0.13% after the first week of trading. Momentum slowly built with additional gains of 0.22% and 0.20% in week two and three respectively, culminating in the strongest weekly performance of 0.46% in last week of the month. Of all funds tracked 73.96% reported profits in February 2015.
From a sub-strategy perspective eleven of the twelve strategies reported positive results in February, the top performers being L/S Equity (1.91%), Global Macro (1.79%) and Event Driven (1.50%). All three of them added gains week after week, L/S Equity generating the most consistent returns during the month. The only strategy in the red in February was Currency (-0.08%), that is also down -0.27% for the year. Top performers in 2015 so far are Global Macro (+3.64%), CTA (+3.56%) and L/S Equity (+3.35%). From a year to date perspective the broad UCITS HFS Index now stands at 2.10% in 2015.
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 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.
Founded in 2009, the Pfaeffikon-based Swiss 2n20.com AG is a financial service provider specialized in internet based services tailored for the hedge fund industry. It launched the first index family for hedge funds in UCITS wrapper – the UCITS HFS Index family – and acts as index provider in this regard. 2n20.com provides institutional investors with information via its databases and newsletters and offers investable products on and licensing of its indices. Furthermore 2n20.com offers institutional money managers a price comparison and negotiation service in order to optimize their service provider relationships or setup new fund structures via its Negotiato.rs platform (www.negotiato.rs).