Market Vectors Index Solutions (MVIS) today announced the December performance for its six investable Market Vectors Hedge Fund Beta Indices. Each index is constructed using transparent, liquid ETFs to produce hedge fund-style returns without hedge fund pricing, opaqueness and redemption restrictions.
With a history stretching back to 2003, the Market Vectors Hedge Fund Beta Indices use a patented methodology in seeking to capture the beta returns of universes of statistically similar hedge funds that exhibit in aggregate consistently high concentrations of beta. MVIS currently offers four regional and two global long/short hedge fund strategies.
The table below shows the performance of the indices for December 2013 and for selected periods:
Index | Initial Date of Publication | Ticker | 1-Month | 3-Month | 1-Year | Life (annualized)* | ||||||
MV North America L/S Equity Hedge Fund Beta Index | 21-Nov-12 | MVLSNATR | 1.62% | 4.54% | 17.06% | 7.79% | ||||||
MV Emerging Markets L/S Equity Hedge Fund Beta Index | 21-Nov-12 | MVLSEMTR | 0.25% | 1.49% | -0.13% | 5.39% | ||||||
MV Western Europe L/S Equity Hedge Fund Beta Index | 21-Nov-12 | MVLSWETR | 1.03% | 2.93% | 7.51% | 4.27% | ||||||
MV Asia (Developed) L/S Equity Hedge Fund Beta Index | 21-Nov-12 | MVLSDATR | 1.21% | 3.46% | 8.94% | 6.14% | ||||||
MV Global L/S Equity Hedge Fund Beta Index | 21-Nov-12 | MVLSGLTR | 1.28% | 4.89% | 11.82% | 6.69% | ||||||
MV Global Event L/S Equity Hedge Fund Beta Index | 21-Nov-12 | MVEVEQTR | 0.54% | 1.97% | 6.73% | 5.31% |
*MVLSNATR/MVLSWETR/MVLSGLTR/MVEVEQTR, 31-Oct-03. MVLSDATR, 29-Oct-04.
MVLSEMTR, 31-Jul-06.
Any information presented prior to the Initial
Publication Date is back-tested. Back-tested performance is not actual
performance, but is hypothetical. The back-test calculations are based
on the same methodology in effect when the indices were published. Index
methodology details are available at www.marketvectorsindices.com.
Data
as of 31 December 2013.
Detailed information about Market Vectors Hedge Fund Beta Indices, including methodology details and comprehensive index data is available on www.marketvectorsindices.com.
Note to Editors
About Market Vectors Index Solutions GmbH (MVIS)
Market Vectors Index Solutions develops, monitors and licenses the Market Vectors Indices, a selection of focused, investable and diversified benchmark indices. The indices are especially designed to underlie financial products. Market Vectors Indices cover several asset classes, including hard assets and international equity markets as well as fixed income markets and are licensed to serve as underlying indices for financial products.
Approximately USD 11.5 billion in assets under management are currently invested in financial products based on Market Vectors Indices. MVIS is a wholly owned subsidiary of Van Eck Associates Corporation (also known as Van Eck Global).
Market Vectors Index Solutions
Lars Hamich, +49 (0)69 4056 695 10
lars.hamich@mvindices.com
or
MacMillan
Communications
Mike MacMillan, 212-473-4442
mike@macmillancom.com