The RBC Hedge 250 Index had an estimated net return of 2.37 per cent in April, bringing the year-to-date return to 2.60 per cent.

The RBC Hedge 250 Index had an estimated net return of 2.37 per cent in April, bringing the year-to-date return to 2.60 per cent.

The return for March 2009 has been finalized at -0.25 per cent.

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 5,489 hedge funds (excludes funds of hedge funds) with aggregate assets under management of USD1.052trn.

Since its inception on 1 July 2005 through the end of March 2009, the RBC Hedge 250 Index has had an annualized net return of 0.04 per cent.

In comparison, over the same period other investable indices have averaged -2.64 per cent while non-investable indices have averaged 2.46 per cent.