What is Hfri index?

The HFRI Asset Weighted Composite Index is a global, asset-weighted index comprised of single-manager funds that report to HFR Database. … The constituent funds of the HFRI Asset Weighted Composite Index are weighted according to the AUM reported by each fund for the prior month.

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Accordingly, what is the HFRI Fund Weighted Composite Index?

The HFRI Fund Weighted Composite Index is a global, equal-weighted index of single-manager funds that report to HFR Database.

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