Equity Market Neutral Index

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	YTD
2018	1.17%	-0.43%	0.32%	-0.02%	0.17%	-0.94%	-0.09%	0.28%	0.05%	-1.06%	-1.56%	0.43%	-1.70%
2019	0.62%	-0.35%	-0.18%	-0.59%	-0.61%	0.47%	0.29%	0.15%	-0.20%	-0.15%	0.04%	-0.07%	-0.56%
2020	-0.08%	-1.14%	-1.03%	0.69%	0.21%	0.42%	0.88%	-0.73%	0.28%	-0.47%	-0.85%	0.55%	-1.29%
2021	0.43%	0.42%	1.68%	0.90%	-0.03%	0.64%	1.13%	0.61%	0.22%	0.24%	0.45%	1.08%	8.05%
2022	-0.26%	0.05%	1.06%	0.71%	-0.24%	0.14%	-0.44%	0.62%	0.10%	0.70%^§	0.62%^†	-	3.09%*

^†Estimated performance for November 2022 calculated with reported data from 52 funds.
^§Estimated performance for October 2022 calculated with reported data from 86 funds.
^*All estimates and 2022 YTD amounts are calculated with reported data as of December-8-2022 07:15 US CST.

About the Equity Market Neutral Index

This investment strategy is designed to exploit equity market inefficiencies and usually involves being simultaneously long and short matched equity portfolios of the same size within a country. Market neutral portfolios are designed to be either beta or currency neutral, or both. Well-designed portfolios typically control for industry, sector, market capitalization, and other exposures. Leverage is often applied to enhance returns.

The Barclay Equity Market Neutral Index is recalculated and updated real-time on this page as soon as the monthly returns for the underlying funds are recorded. Only funds that provide us with net returns are included in the index calculation. The number of funds that are currently included in the calculations for the most recent months can be found in the footnotes above. Please note that the calculation for the number of funds is time-stamped and that the number of funds will continue to increase until all funds categorized within the sector have reported monthly returns.

About the Equity Market Neutral Index

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