The RBC Hedge 250 Index had a net return of 1.59 per cent in March, bringing the year-to-date return of the index to 1.80 per cent.

These returns are estimated and will be finalised by the middle of next month. The return for February 2010 has been finalised at 0.31 per cent.

The best performing strategy in March was mergers and special situations, which rose by 3.01 per cent.

This was followed by credit, up 2.30 per cent, and fixed income arbitrage, up 1.97 per cent.

The worst performing strategy was equity market neutral, which fell by 0.03 per cent. This was the only strategy posting a negative result in March.