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How does the Credit Suisse/Tremont Investable Hedge Fund Index differ from the original Credit Suisse/Tremont Hedge Fund Index?

April 26, 2017credit differ fund hedge index investable original Suisse tremont

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How does the Credit Suisse/Tremont Investable Hedge Fund Index differ from the original Credit Suisse/Tremont Hedge Fund Index?

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The Credit Suisse/Tremont Investable Hedge Fund Index is derived from the Credit Suisse/Tremont Hedge Fund Index, but includes only open, or investable, funds. When defining open funds and other terms for eligibility, Credit Suisse Tremont Index LLC relies on information provided to it, its affiliates and any third party advised by them. The Investable Index can therefore include funds that may generally be closed. The broad Credit Suisse/Tremont Hedge Fund Index includes closed funds. Funds in the Investable Index are also selected solely from the set of funds that meet specified eligibility conditions.