The Scotiabank Canadian Hedge Fund Index ended December 2021 up 0.80 per cent MOM on an asset-weighted basis and up 0.98 per cent MOM on an equal-weighted basis.

The Scotiabank Canadian Hedge Fund Index ended December 2021 up 0.80 per cent MOM on an asset-weighted basis and up 0.98 per cent MOM on an equal-weighted basis.

The comparable benchmark indices were both up for the month with the S&P TSX 60 Total Return Index and S&P 500 Total Return Index posting increases of 3.43 per cent and 4.48 per cent respectively.

The Scotiabank Canadian Hedge Fund Index provides a comprehensive overview of the Canadian Hedge Fund universe. Returns are calculated using an equal-weighting and an asset-based weighting of the funds. The index includes open and closed funds with a minimum AUM of CAD15 million and a 12-month track record, that are managed by Canadian-domiciled managers.