Six out of seven of IndexIQ’s Investable Hedge Fund Indices, its proprietary family of hedge fund replication and alternative beta indexes, produced negative returns in February.
IQ Hedge Fixed Income Arbitrage Beta was the only index to finish the month in positive territory with a return of 1.01 per cent.
The worst performer was the IQ Hedge Emerging Markets Beta Index, which was down 1.34 per cent.
Designed as investable benchmarks that replicate the performance characteristics of sophisticated hedge fund strategies, the IQ Hedge benchmark indexes were originally introduced on 30 March, 2007, and have been calculating live since that date.
