RBC Capital Markets reported that for the month of April the RBC Hedge 250 Index had an estimated net return of 1.63 percent, bringing the year-to-date return of the index to 4.53 percent.
The RBC Hedge 250 Index is an investable benchmark of the performance of the hedge fund industry. The universe on which the index is based currently consists of 5,739 hedge funds (excludes funds of hedge funds) with aggregate assets under management of $1.361 trillion.
Since its inception on July 1, 2005 through the end of March 2007, the RBC Hedge 250 Index has had an annualized net return of 11.27 percent.