The RBC Hedge 250 Index fell by 2.42 per cent in May, bringing its year-to-date return to 0.29 per cent.
These returns are estimated and will be finalised by the middle of next month. The return for April 2010 has been finalised at 0.88 per cent.
All strategies fell in May with mergers and special situations, down 3.63 per cent, the worst performer.
The strongest performance was recorded by fixed income arbitrage, which dropped by 0.41 per cent.
The RBC Hedge 250 Index is an investable benchmark of the performance of the hedge fund industry.
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