All seven of IndexIQ’s family of investible benchmark hedge fund replication and alternative beta indices recorded positive performance in August.
The IQ Hedge Event-Driven Beta Index was the top performer for the month with a return of 2.97 per cent.
This was followed by the IQ Hedge Long/Short Beta Index (2.17 per cent), the IQ Hedge Fixed Income Arbitrage Beta Index (1.70 per cent) and the IQ Hedge Composite Beta Index (1.61 per cent).
The IQ Hedge Market Neutral Beta Index produced the smallest return at 0.87 per cent, with the IQ Hedge Emerging Markets Beta Index recording 0.87 per cent.
