The Lyxor Hedge Fund Index was down 0.36% in December. Year-to-date performance as of December 2011 is down 6.59%.
The top performing strategies over the month were Lyxor CTA Long Term Index (+1.29%), Lyxor Convertible Bonds & Volatility Arbitrage Index (+1.22%) and Lyxor CTA Distressed Securities Index (+0.57%).
The Lyxor Hedge Indices are investable, asset-weighted indices, designed to offer investors straightforward access to hedge fund performance. The indices are based on Lyxor’s managed account platform that covers all the major hedge fund strategies and benefits from a high level of transparency and risk control, while ensuring weekly liquidity. The Lyxor Hedge Fund Index range comprises 16 indices ranging from global to mono-strategy or thematic indices. The Lyxor Hedge Fund Index (Global Index) reflects the average performance of all 14 strategy indices, thereby offering direct exposure to the global hedge fund universe.