Scotiabank - Canadian Hedge Funds Up In January
The Scotiabank Canadian Hedge Fund Index ended January 2018 up 0.84% MOM on an asset weighted basis and up 1.37% MOM on an equal weighted basis.
The aim of the Scotiabank Canadian Hedge Fund Index is to provide a comprehensive overview of the Canadian Hedge Fund universe. To achieve this, index returns are calculated using both an equal weighting and an asset-based weighting of the funds. The index includes both open and closed funds with a minimum AUM of C$15 million and at least a 12 month track record of returns, managed by Canadian-domiciled hedge fund managers.