The Ucits HFS Index lost 0.06 per cent in the second week of trading in December and is up 0.11 per cent month to date.

Although seven sub-strategies were negative in the second week of trading, only multi strategy (-0.39 per cent), currency (-0.27 per cent) and market neutral (-0.21 per cent) lost more than a fraction.

The three best performing strategies in the second week of trading were convertible (+0.44 per cent), event driven (+0.28 per cent) and global macro (+0.22 per cent).

Convertible is maintaining its position as the top performer in December, up 1.46 per cent month to date.

The broad Ucits HFS Index is up 4.54 per cent from a year to date perspective.

The Ucits HFS Index Series is the first index family that tracks all Ucits funds using hedge fund strategies. The indices are calculated by Structured Solutions.