By launching the UCITS HFS Index Series, Structured Solutions AG and 2n20.com AG offer the first index family tracking UCITS funds applying hedge funds strategies. Over the last months this new trend gained massive momentum as investors show an increasing desire for transparency and liquidity.

The Index Series was developed by the Freienbach, Switzerland based 2n20.com AG and will be calculated by Structured Solutions AG. 2n20.com AG maintains and updates a database with all funds that are considered for the index calculation and acts as the index advisor. Not only will there be the broad market UCITS HFS Index at launch that comprises all funds that fulfil the admission criteria, but also an index for every sub-strategy. In total the index family initially comprises 12 indices which will be published on the websites www.structured-solutions.eu and www.ucitsindex.com as well as via the usual data vendors.

The index methodology is consistent for all benchmarks: Besides being recognized as a UCITS fund and implementing a hedge fund strategy, to be eligible for the index family a fund must publish an NAV at least on a weekly basis, have a performance history of at least one month and assets under management of at least 10 million EUR. Index adjustments will be conducted every quarter and the funds included in each index will be weighted equally at these occasions. Index values will be calculated at the end of each month as well as on the 5th, 10th and 15th trading day of each month on an indicative basis. The following indices will be calculated with immediate effect:

• UCITS HFS Index
• UCITS HFS Index Arbitrage
• UCITS HFS Index Convertible
• UCITS HFS Index Credit
• UCITS HFS Index CTA
• UCITS HFS Index Currency
• UCITS HFS Index Event Driven
• UCITS HFS Index Fixed Income
• UCITS HFS Index Global Macro
• UCITS HFS Index Market Neutral
• UCITS HFS Index Multi Strategy
• UCITS HFS Index L/S Equity