FRANKFURT, Germany--(BUSINESS WIRE)--MVIS today announced the April performance of its six investable Long/Short Equity Indices. Each index is constructed using transparent, liquid ETFs and US Treasury securities to produce hedge fund-style returns without hedge fund pricing, opaqueness and redemption restrictions.
With a history stretching back to 2003, the MVIS 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 April 2016 and for selected periods:
|Index||Initial Date of Publication||
|MVIS North America Long/Short Equity Index||21-Nov-12||MVLSNATR||-0.25%||2.45%||-2.85%||6.46%|
|MVIS Emerging Markets Long/Short Equity Index||21-Nov-12||MVLSEMTR||0.31%||3.65%||-0.17%||4.00%|
|MVIS Western Europe Long/Short Equity Index||21-Nov-12||MVLSWETR||0.39%||1.05%||-3.91%||3.27%|
|MVIS Asia (Developed) Long/Short Equity Index||21-Nov-12||MVLSDATR||-0.27%||0.57%||
|MVIS Global Long/Short Equity Index||21-Nov-12||MVLSGLTR||-0.51%||0.60%||-4.82%||5.71%|
|MVIS Global Event Long/Short Equity Index||21-Nov-12||MVEVEQTR||0.42%||2.72%||-1.80%||4.63%|
*MVLSNATR/MVLSWETR/MVLSGLTR/MVEVEQTR, 31-Oct-03. MVLSDATR, 29-Oct-04. MVLSEMTR, 31-Jul-06.
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.mvis-indices.com.
Data as of 29 April 2016.
Note to Editors
MVIS develops, monitors, and licenses the MVIS Indices. The indices are a selection of focused, investable and diversified benchmark indices that are licensed to underlie financial products. They cover several asset classes, including hard assets and international equity markets as well as fixed income markets. Approximately USD 10.4 billion in assets under management are currently invested in financial products based on MVIS Indices. MVIS is a VanEck Company.