Just one of the Market Vectors Index Solutions (MVIS) six investable long/short equity indices – the MV Asia (Developed) Long/Short Equity Index – produced a positive return in July.
The MV Asia (Developed) Long/Short Equity Index rose by 1.33 per cent.
The MV Western Europe Long/Short Equity Index and the MV North America Long/Short Equity Index were the worst performers with returns of -1.71 per cent and -1.51 per cent respectively.
Each index is constructed using transparent, liquid ETFs to produce hedge fund-style returns without hedge fund pricing, opaqueness and redemption restrictions.
