Canadian Hedge Funds Down Slightly In September 2021
The Scotiabank Canadian Hedge Fund Index ended September 2021 down -0.45% MOM on an equal-weighted basis. The data pulls back year to date performance ever so slightly to +10.59%, still strong gains off the back of 2020's +16.02% (again, all equal-weighted).
At the sub-strategy level, Canadian-based managed futures strategies delivered an average return of +1.41% in September to pad year to date gains to +15.73%. Equity hedge strategies were off -1.01%, equity market neutral up +0.07%, fixed income up +0.31% and global macro up +4.47%.
© The Sortino Group Ltd
All Rights Reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or scanning or otherwise, except under the terms of the Copyright, Designs and Patents Act 1988 or under the terms of a licence issued by the Copyright Licensing Agency or other Reprographic Rights Organisation, without the written permission of the publisher. For more information about reprints from AlphaWeek, click here.