The RBC Hedge 250 Index was down 1.09% in June, bringing its year-to-date return to 3.84%.
Equity market neutral were the only strategies tracked by RBC to end the month on a positive note: up 0.47% (up 1.71% year to date).
Managed futures funds were the biggest losers, down 2.42% on the month (and 3.26% YTD). Macro funds lost 1.91% on the month month (and 1.24% YTD), mergers and special situations funds were down 1.76% on the month (but up 8.86% YTD), credit funds were down 1.13% on the month (up 5.66% YTD) and fixed-income arbitrage funds were down 1.10% on the month (but up 2.32% YTD).
Multi-strategy funds were down 0.61% in June (up 6.61% YTD) and convertible arbitrage funds were down 0.23% (up 5.94% YTD).