All six of Market Vectors Index Solutions' (MVIS) investable long/short equity indices recorded positive performance in October.
Each index is constructed using transparent, liquid ETFs and US Treasury securities to produce hedge fund-style returns without hedge fund pricing, opaqueness and redemption restrictions.
The Market Vectors Asia (Developed) Long/Short Equity Index led the way with a return of 2.30 per cent followed by the Market Vectors North America Long/Short Equity Index (1/90 per cent), the Market Vectors Global Long/Short Equity Index (1.33 per cent) and the Market Vectors Global Event Long/Short Equity Index (1.11 per cent).
The worst performer during the month was the Market Vectors Emerging Markets Long/Short Equity Index at 0.26 per cent, while the Market Vectors Western Europe Long/Short Equity Index returned 0.57 per cent.