The UCITS HFS Index continues its positive run in 2015 with gains of 0.36% in March 2015, the third positive monthly result in a row. The broad index started slowly into the month, posting returns of 0.11% after the first week of trading. Momentum slowly built with additional gains of 0.25% and 0.21% in week two and three respectively, coming to an abrupt halt in week four though with a loss -0.20% for the UCITS HFS Index. Of all funds tracked 65.41% reported profits in March 2015.
From a sub-strategy perspective ten of the twelve strategies reported positive results in March, the top performers being CTA (0.80%), L/S Equity (0.68%) and Fixed Income (0.48%). The latter had to take a marginal loss in week one and was flat in week four, while CTA and L/S Equity both were positive in each of the first three weeks, only having had to take a loss in the last week of March. The only two strategies that finished the month with a loss were Commodity (-1.04%) and Currency (-0.32%), both also being down for the year. Top performers in 2015 are CTA (4.39%), Global Macro and L/S Equity (both 4.05%) so far. From a year to date perspective the broad UCITS HFS Index now stands at 2.47% 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).