The RBC Hedge 250 Index had an estimated net return of 0.90 per cent in April, bringing the year-to-date return of the index to 2.81 per cent.
The return for March 2010 has been finalised at 1.68 per cent.
The best performing strategy in April was credit, which rose by 1.92 per cent.
This was followed by fixed income arbitrage (up 1.50 per cent), mergers and special situations (1.39 per cent) and managed futures (1.24 per cent).
The only strategy posting a negative performance was macro, which fell by 0.04 per cent.