Hedge Fund Performance
Performance of the Hedge Synergy NAV, Long Portfolios, Short Portfolios and S&P 500
Hedge Synergy is a virtual model hedge fund which was started on October 1, 2004. The web site was launched April 23, 2005 and is updated weekly (see Barron's classified ads 4/25/05 page MW6). The above chart shows the returns of the virtual Hedge Synergy Fund NAV, long portfolios, short portfolios and the S&P 500. For an explanation of my methodology please see Hedge Strategy.


2009 Q2 - Quarterly Hedge Fund Performance (05/29/09 to present)
The above chart shows the performance of the virtual Hedge Synergy Fund NAV, Long Portfolio, Short Portfolio and the S&P 500 for the first quarter of 2009. For prior quarterly Performance charts please go to the Quarterly Hedge Fund Performance web page.

 

Sharpe Ratio calculated using a rolling 90-Day T-bill rate. The "Hedge Fund Performance" web page shows returns net of performance fees while the "Risk/Return" web pages show gross returns.


 
The above chart compares the monthly Hedge Synergy NAV to the return of an investment in T-Bills, the S&P 500, and the Long/Short Greenwich Global, Hennessee, Barclay, Credit Suisse/Tremont Hedge Fund Indexes. The T-Bill return is based on monthly compounding using the average of the current month's daily T-Bill rate which is then divided by 12.





2009 Q2 (05/29/09 to present)
The above table shows the returns of the individual Long and Short Portfolios for the current quarter. To review the returns of the previous quarters, please go to to the Portfolio Returns web page.



xXDrawdown of the Hedge Synergy Fund NAV and the S&P 500 a

 

xXPerformance of the Hedge Synergy Fund NAV Relative to the S&P 500


xXMARGIN DRIFT XXX05/29/09 to PresentXXXX 100% Initial Gross Exposure XX eInitial Margin 100%
xXClick here for previous Margin Drift Charts click here for the Margin/Net Exposure Drift Table.



xXNET EXPOSURE DRIFT X05/29/09 to Present X60% Initial Net Exposure XLong = 80%X Shorts = 20%
xXClick here previous Net Exposure Drift Charts click here for the Margin/Net Exposure Drift Table.

Performance • Risk / Return • Hedge Strategy • Investment Philosophy
Portfolio Returns • Quarterly Performance • Long Portfolios • Short Portfolios