All six of Market Vectors Index Solutions family of investible long/short equity indices recorded positive returns in May.
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 Global Long/Short Equity Index led the way with a return of 1.47 per cent for the month, followed by the Market Vectors Western Europe Long/Short Equity Index(1.36%), the Market Vectors North America Long/Short Equity Index (0.93%), the Market Vectors Global Event Long/Short Equity Index (0.68%) and the Market Vectors Asia (Developed) Long/Short Equity Index (0.55%).
Bottom of the pile in terms of performance in May was the Market Vectors Emerging Markets Long/Short Equity Index, which managed a return of 0.25 per cent.