All seven of IndexIQ’s proprietary family of hedge fund replication and alternative beta indices recorded positive returns in June.
The IQ Hedge Event-Driven Beta Index was the top performer with an increase 1.69 per cent over the month.
This was followed by the IQ Hedge Emerging Markets Beta Index (1.30 per cent) and the IQ Hedge Composite Beta Index (1.03 per cent).
The IQ Hedge Market Neutral Beta Index produced the smallest increase returning 0.29 per cent.
