A news release said the Credit Suisse/Tremont family of hedge fund indexes includes three separate components:
- the Hedge Fund Index, an asset-weighted benchmark that measures hedge fund performance;
- the Blue Chip Investable Index, comprised of 60 funds across the 10 style-based sectors in the broad index; and
- the Sector Invest Indices, which provide investment access to any of the 10 style-based sectors in the broad index on an individual basis.
“The Markets Defender Basket is designed to provide exposure to a basket of Credit Suisse/Tremont Sector Invest Indices, primarily focused on equity market neutral hedge fund strategies,” said Oliver Schupp, President of the Credit Suisse Index Co. in the news release.
Also released on the Web site is the Global Growth Opportunities Basket, launched over two years ago, which is designed to provide exposure to a basket of Credit Suisse/Tremont Sector Invest Indexes primarily focused on directionally-oriented hedge fund strategies.
More information is at http://www.hedgeindex.com/hedgeindex/en/default.aspx?cy=USD/ .