Hedge Funds Underperform In July, Lose -0.02% Aug13

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Hennessee Group LLC announced today that the Hennessee Hedge Fund Index lost -0.02% in July (+2.94% YTD), while the S&P 500 gained +1.97% (+2.18% YTD), the Dow Jones Industrial Average rose +0.40% (-0.75% YTD), and the NASDAQ Composite Index jumped +2.84% (+8.28% YTD). Bonds were also positive on the month, as the Barclays Aggregate Bond Index increased +0.70% (+0.60% YTD)

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