Fund Data for Creditflux subscribers

Subscribers to Creditflux can access data on individual credit fund performance.

Creditflux fund indices

Creditflux Fund Indices (net returns) at 30 April 2007
CategoryAprilYTD3M12M
Multistrategy-1.381.790.19-4.28
Relative Value1.59-0.110.19-6.04
Structured Credit-0.073.4-0.4217.63
ABS CDOs0.112.991.89.46
Loans, high yield1.97-10.34-4.95-14.39

   

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Methodology

Monthly index values are unweighted median values of the net returns in a category. Returns are supplied by managers and investors, and are for US$ denominated classes with a 2%/20% fee structure, or the closest equivalent tranche where not available. The last month’s returns may be estimates.

Category Definitions

Multistrategy: long/short funds that trade predominantly in exotic credit derivatives (options and tranches)
Relative Value: long/short funds that trade mainly single name and index credit derivatives
Structured Credit: funds that trade synthetic tranches (correlation)
ABS/CDOs: funds that buy and sell CDOs and ABS
Credit opportunity funds/loans, high yield: predominantly long only funds that invest in mostly high yield loans.

Contact details

Creditflux Ltd
2-6 Northburgh Street
London EC1V 0AY
United Kingdom
 
telephone:+44 (0)20 7253 9510
fax: +44 (0)20 7253 3485
email: admin@creditflux.com