Dutch hedge funds on average gained +0.2% in July, as measured by the Finles/IEX Dutch hedge fund index, despite their very cautious positioning. Most quantitative strategies and macro funds showed losses due to the sudden positive momentum in the markets. Most equity related fund benefitted from stock market gains.

The five funds with the best July performance were:

• Trade Wind Equity Fund
  
• Fonds Bloemendaal
  
• Aster-X Panorama Fund
  
• Branta Solutions Fund
  
• Henderson Global Currency Fund
  

The five funds with the best YTD performance are:

• Trade Wind Equity Fund (+23%)
  
• QTR Fund (+16%)
  
• HIQ Invest Market Neutral Fund (+10%)
  
• Fonds Bloemendaal (+9%)
  
• All Markets Fund (+7%)