FRANKFURT, Germany--(BUSINESS WIRE)--Market Vectors Index Solutions (MVIS) today announced the June performance for its six investable Long/Short Equity 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 Long/Short Equity 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 equity strategies.
The table below shows the performance of the indices for June 2014 and for selected periods:
Initial Date of
|MV North America Long/Short Equity Index||21-Nov-12||MVLSNATR||1.99%||1.80%||9.83%||7.54%|
|MV Emerging Markets Long/Short Equity Index||21-Nov-12||MVLSEMTR||0.08%||0.45%||5.32%||5.02%|
|MV Western Europe Long/Short Equity Index||21-Nov-12||MVLSWETR||-0.95%||0.05%||3.39%||3.96%|
|MV Asia (Developed) Long/Short Equity Index||21-Nov-12||MVLSDATR||1.04%||2.47%||7.20%||5.85%|
|MV Global Long/Short Equity Index||21-Nov-12||MVLSGLTR||1.39%||2.46%||10.78%||6.69%|
|MV Global Event Long/Short Equity Index||21-Nov-12||MVEVEQTR||0.96%||1.10%||5.86%||5.21%|
*MVLSNATR/MVLSWETR/MVLSGLTR/MVEVEQTR, 31-Oct-03. MVLSDATR, 29-Oct-04.
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 30 June 2014.
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 12.5 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.