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Hedge Synergy

Performance of the Hedge Synergy NAV, Long Portfolio, Short Portfolio and S&P 500

The virtual long/short equity Hedge Synergy Fund 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 (net returns after deducting Performance/Asset Fee), long portfolio, short portfolio and the S&P 500. For an explanation of my methodology please see Hedge Strategy.


2019 Q1 Quarterly Hedge Fund Performance - Friday 12/28 to Friday 03/29

The above chart shows the performance of the virtual Hedge Synergy Fund NAV (net returns after deducting Performance/Asset Fee), Hedge Synergy Fund Gross returns, Long Portfolio, Short Portfolio and the S&P 500 for the first quarter of 2019. On December 28, 2018, the short stock portfolio contained 46 stocks so the short portfolio was 46% of the fund equity and the long stock portfolio was 100% of fund equity. This made the funds net exposure 54% and the gross exposure 146%. As of February 1, 2019 (the white vertical line) the short portfolio contained 25 stocks so the short portfolio was 25% of fund the fund equity which increased the net exposure to 75% and decreased the gross exposure to 125%.



 

* The portfolio market capitalization statistics are calculated at the time the current portfolios are updated.



 2019 Q1 - Friday 12/28 to Friday 03/29
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.


Drawdown of the Hedge Synergy Fund NAV and the S&P 500


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