Average US Hedge Fund Dips in February

March 8, 2002 (PLANSPONSOR.com) - The Average U.S. Hedge Fund posted a mild -0.7% net loss in February, based on preliminary figures received by Van Hedge Fund Advisors International, Inc.

 After a small gain in January, the Average U.S. Hedge Fund returned an estimated -0.2% net over the first two months of 2002. By comparison, except for the blue-chip Dow Jones Industrial Index, all the major stock averages were negative for both February and the year to date.

Final February and year-to-date results for the Van Hedge Fund Indices, detailing the average performance for US, Offshore, and Global hedge funds by strategy, are scheduled for release later this month.

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Hedge fund returns are net of fees and performance allocations. 

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