The Scotiabank Canadian Hedge Fund Index ended March 2022, down -0.06% MOM on an asset-weighted basis and up 0.66% MOM on an equal-weighted basis.
The Scotiabank Canadian Hedge Fund Index provides a comprehensive overview of the Canadian Hedge Fund universe.
The comparable benchmark indices were both up for the month, with the S&P TSX 60 Total Return Index and S&P 500 Total Return Index posting increases of 3.80% and 3.71% respectively.
Returns for the Scotiabank Canadian Hedge Fund Index are calculated using an equal-weighting and an asset-based weighting of the funds. The index includes open and closed funds with a minimum AUM of CAD15 million and a 12-month track record, that are managed by Canadian-domiciled managers.
