September 09, 2015 BY Michelle Garofalo
Our AdvantHedge gross composite gained 3.6% in August, underperforming the inverse performance of the S&P 500 (-6.0%), Russell 2000 (-6.3%), and NASDAQ (-6.7%). Despite this month’s underperformance AdvantHedge is up 4.1% YTD compared to the S&P 500 loss of 2.9%.
The three largest sector positions are Information Technology, Energy, and Industrials. Energy exposure exceeds its weight a year ago and remains higher than its 2014 year-end weight of 10%.