Performance

Absolute Return Indices: December gains top off a fitful year

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Last year ended on a quiet note as the Absolute Return Composite Index gained 0.42% to finish at 8.53% for the year. The Absolute Return Macro and Commodities Indices both gained in December, finishing the month at 0.78% and 2.45%, respectively. The distressed, credit and convertible & equity arbitrage indices struggled in December. Distressed was down 0.34%, credit lost 0.08% and convertibles dropped 0.46%.

ABSOLUTE RETURN STRATEGY INDICES

Strategy

Dec 07

YTD

Arbitrage

0.15%

6.88%

Commodities

2.45%

15.88%

Convertible & Equity Arbitrage

-0.46%

4.24%

Credit

-0.08%

7.33%

CTAs

0.76%

7.67%

Distressed

-0.34%

3.73%

Event Driven

0.27%

5.97%

Fixed Income

0.30%

8.23%

Global Equity

0.50%

12.47%

Latin American Debt

0.40%

9.14%

Latin American Equity

0.78%

13.33%

Macro

0.78%

16.34%

Mortgage Backed

0.39%

6.06%

Multistrategy

0.35%

9.00%

Technology

0.80%

12.48%

US Equity

0.61%

9.84%

Composite

0.42%

8.53%



ABSOLUTE RETURN COMPOSITE INDEX


Source: Absolute Return