All fund returns are recorded in their relevant style indices (for more information on how styles are determined, please see “Style Definitions”).
Each style index is calculated by taking an equally weighted average of the underlying hedge funds for that style. The overall Hennessee Hedge Fund Index is calculated by taking an equally weighted average of all the underlying funds in each individual style.
All returns are reported to Hennessee Group LLC net of fees. The Index includes hedge funds that are both open and closed to investments. Hennessee Group does not publish directories, lists, or information on the funds that comprise the Indices.
Funds in the Indices must meet series of requirements, including:
The funds in the Hennessee Hedge Fund Index® are believed to be statistically representative of the larger Hennessee Universe of over 3,000 hedge funds and are net of fees and unaudited. Past performance is no guarantee of future returns. ALL RIGHTS RESERVED.