Market turbulences do not leave the UCITS HFS Index unscarred, which reports losses of -1.28% for August 2015. The broad index started only marginally negative into the month though, posting a loss of -0.02% after the first week of trading. The negative trend picked up speed in week two as the UCITS HFS Index lost 0.28%, before week three sealed its fate with a loss of -0.83%. The last week of the month could not soften the blow as it added additional losses of 0.15%. Of all funds tracked only 34.91% reported profits in August 2015.From a sub-strategy perspective all twelve strategies reported losses in August, the three worst performing strategies being L/S Equity (-1.99%), CTA (-1.95%) and Global Macro (-1.64%). While Global Macro and CTA made small profits in the first week of trading, L/S Equity only reported some gains in the last week of the month. Nonetheless the losses taken in the other three weeks of August outweighed those profits by far, turning CTA even negative from a year to date perspective (-0.89%). The only two strategies who fared rather well in August were Currency (-0.13%) and Market Neutral (-0.06%). The latter is also one of the top performers in 2015 so far (1.88%), the others being L/S Equity (2.48%) and Global Macro (2.01%). From a year to date perspective the broad UCITS HFS Index now stands at 0.67% 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 servce 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).