Hedge Fund Summary Report

Similar to the Investment Summary report, the Hedge Fund Summary report provides a concise, one-page overview of an investment. This report provides some information specific to hedge funds and focuses on the unique characteristics of this investment type.

4Application of this report

4Overview

Establish a firm understanding of the fund's basic qualitative characteristics by reviewing the fund's strategy, manager profile, operational data, current and historical leverage, and contact information.

4Performance

Evaluate the fund's total return on a cumulative, trailing, and calendar year basis. More importantly, put performance information in perspective by assessing returns relative to benchmark and category.

4Distribution of Monthly Returns

Understand additional performance and risk characteristics such as range, volatility, and consistency. The fund's historical monthly returns are shown to help you assess the fund's performance in various markets.

4Risk/Return Analysis

Focus on the fund's risk/reward characteristics by evaluating volatility measurement statistics as well as relative risk and risk-adjusted performance ratios.