How is the Credit Suisse/Tremont Investable Hedge Fund Index constructed?
The 60 Member Funds are determined in order of size as the largest six Eligible Funds by AUM in each of the ten Sectors comprising the Original Index, but on the basis that once an Eligible Fund is included in a particular Sector, another Eligible Fund managed by the same or an affiliated investment manager will not be included in the same Sector. If any Sectors do not have six Eligible Funds, only the Eligible Funds in those Sectors are included. In that case, the remaining Member Funds will be chosen in order of size as the largest remaining Eligible Funds by AUM in the other Sectors until a total of 60 Member Funds have been determined, but on the basis that once a Member Fund is chosen from a particular Sector, a further Member Fund will not be chosen from that Sector until all other Sectors with remaining Eligible Funds have contributed to the selection process. Please see the Methodology section of this website or the Credit Suisse/Tremont Investable Index Rules document for addi
