Now let us continue the previous example using data from January 2008 to August 2008. The realized returns for SPDR XME and SPDR XLF during this time period were 23% and 33% respectively. Assuming the manager created a 140/40 hedge fund on January 1, 2008.

Calculate the total return for this fund as of August 2008.

Answer rating: 100% (QA)

To calculate the total return for the hedge fund we need to consider the weights of the long and sh... View the full answer