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HFRX Indices

HFRX Hedge Fund Indices, HFRX Global Hedge Fund Index


HFRX Hedge Fund Indices are the global industry standard for performance measurement across all aspects of the hedge fund industry. Hedge Fund Research, Inc. utilizes a UCITS-compliant methodology to construct the HFRX Hedge Fund Indices. The methodology is based on defined and predetermined rules and objective criteria to select and rebalance components to maximize representation of the Hedge Fund Universe.

There are over 75 HFRX Indices including those that report daily performance such as: HFRX Global Hedge Fund Index, HFRX Equity Hedge Index, HFRX Macro/CTA Index, HFRX Event Driven Index and the HFRX Relative Value Index. HFR also publishes several regional and thematic indices including the HFRX Emerging Markets Index, HFRX China Index, HFRX MLP Index and the HFRX Diversity Index.


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Terms of Use - HFR Indices and Index Data

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Additional terms and conditions applicable to specific areas of the HFR Site or to particular Content (as defined below) also are posted in particular areas of the HFR Site and, together with these Terms of Use, govern your use of those areas of the HFR Site and its Content. These Terms of Use, together with all applicable additional terms and conditions posted on the HFR Site, constitute this "Agreement."

HFR reserves the right to modify this Agreement at any time without giving You prior notice. Your use of the HFR Site following any such modification constitutes Your agreement to follow and be bound by the Agreement, as modified. The last date these Terms of Use were revised is set forth below.

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HFR grants You a limited non-exclusive, non-transferable, revocable license, without the right to grant sublicenses, to access the HFR Site and use the information, data, compilations of data, tables, graphs, charts, illustrations, and other materials on the HFR Site ("Content") only for noncommercial informational internal research purposes and in compliance with the terms and conditions of this Agreement.

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HFR reserves the right to discontinue your access to the HFR Site, with or without notice, if HFR has a reasonable basis to believe that You are accessing or using the HFR Site or Contents in violation of this Agreement or any written agreement you may have with HFR regarding Your access to or use of any HFR data, product or service ("Other Content").

Restrictions on Use

Without a separate written license agreement with HFR, You may not:

  1. Use any of the HFR Indices, HFR Marks (defined below) or Content in connection with the creation, operation, issuance, marketing or promotion of any financial product, instrument, index or service;


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  3. Use the Content to populate any database that is commercial and/or distributed to third parties;


  4. Redistribute the Content outside of Your company or firm;


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  6. Use the HFR Indices or HFR Marks to promote, market or endorse, or to create the impression that HFR endorses, approves of or is connected to any investment vehicle, product or service marketed, promoted, distributed, offered or sold by or on behalf of You.


If You wish to access subscription-only Content or obtain further information about obtaining a license for any of these or other uses, please contact: Todd Hartman, Director, at todd@hfr.com or 312-658-0955

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HFR, HFRI, HFRX, HFRU, HFRQ, HEDGE FUND RESEARCH, WWW.HEDGEFUNDRESEARCH.COM, THE INSTITUTIONAL STANDARD and the names of the HFR Indices are the trademarks and service marks of HFR ("HFR Marks"). All trade names, trademarks, service marks, index names and other product and service names and logos on the HFR Site and within the Content are proprietary to their respective owners and are protected by applicable trademark and copyright laws. Any of the trademarks, service marks, logos or index names displayed on the HFR Site may be registered or unregistered marks of HFR or others. Nothing contained on the HFR Site should be construed as granting You any license or right to use any of the marks or names displayed on the HFR Site without the express written permission of HFR or the third party owner, as applicable.

The HFR Site and Content therein are protected by U.S. and foreign copyright and other intellectual property laws. You understand, acknowledge and agree that HFR has invested considerable time, effort and resources in selecting, compiling, coordinating, arranging, and preparing the HFR Indices and that the process and methodology of creating and maintaining the HFR Indices are valuable confidential proprietary trade secrets of HFR under the applicable federal and state trade secret laws.

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Disclaimer

THE HFR INDICES ARE PROVIDED FOR INFORMATIONAL PURPOSES ONLY. INFORMATION AND DATA INCLUDED IN THE HFR INDICES ARE OBTAINED FROM VARIOUS THIRD PARTY SOURCES AND ARE PROVIDED ON AN "AS IS" BASIS. HFR DOES NOT PERFORM ANY AUDIT OR VERIFY THE INFORMATION PROVIDED BY THIRD PARTIES. HFR IS NOT RESPONSIBLE FOR AND DOES NOT WARRANT THE CORRECTNESS, ACCURACY, OR RELIABILITY THE DATA IN THE HFR INDICES. ANY CONSTITUENT INVESTMENT PRODUCT OR VEHICLE USED TO CREATE AN HFR INDEX MAY BE REMOVED AT ANY TIME. THE COMPLETENESS OF THE DATA MAY VARY IN EACH FINANCIAL PRODUCT OR VEHICLE USED TO CREATE THE HFR INDICES. HFR DOES NOT WARRANT THAT THE DATA USED TO CREATE THE HFR INDICES WILL BE FREE FROM ANY ERRORS, OMISSIONS OR INACCURACIES. HFR DOES NOT WARRANT THAT THE DELIVERY OF THE DATA RELATING TO THE HFR INDICES WILL BE UNINTERRUPTED OR FREE FROM ANY VIRUSES OR OTHER HARMFUL COMPONENTS OR DEFECTS. THE INFORMATION IN THE HFR INDICES DOES NOT CONSTITUTE AN OFFER OR A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR FINANCIAL PRODUCT OR VEHICLE WHATSOEVER OR ANY TYPE OF TAX OR INVESTMENT ADVICE OR RECOMMENDATION. PAST PERFORMANCE OF ANY CONSTITUENT INVESTMENT PRODUCT OR VEHICLE USED TO CREATE AN HFR INDEX IS NO INDICATION OF FUTURE RESULTS.

TO THE MAXIMUM EXTENT PERMISSIBLE BY APPLICABLE LAW, HFR EXPRESSLY DISCLAIMS ANY AND ALL WARRANTIES, EXPRESS OR IMPLIED, OR OTHERWISE, INCLUDING, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON-INFRINGEMENT. YOU ASSUME ALL RISK OF DAMAGE OR LOSS RESULTING FROM THE USE OF THE HFR INDICES.

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Unless You have entered into a separate license agreement with HFR regarding Your access to and use of the HFR Site, Content or Other Content, this Agreement constitutes the entire agreement and understanding between You and HFR with respect to your access to and use of the HFR Site and the Content and supersedes any and other agreements, whether oral or written, with respect to the HFR Site and the Content. No waiver by HFR of any breach or default under this Agreement shall be deemed to be a waiver of any preceding or subsequent breach or default of this Agreement. If any part of this Agreement is deemed to be invalid or unenforceable, it will not impact any other provision of this Agreement, all of which will remain in full force and effect, or which shall be modified so as to carry out the meaning and intent of this Agreement. This Agreement shall be governed and construed under the laws of the United States and the State of Illinois. The United Nations Convention on Contracts for the International of Sale of Goods shall not govern or be used to construe this Agreement.


Version#: INDXTOU04012014, Dated April 1, 2014

 


Your IP Address: 54.82.142.246 | Date and Time: 2014-10-01 15:00:28

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HFR Index Direct Licensing Program

The HFR Index Direct feed and licensing program addresses many of the data provisioning requirements that firms require for utilizing and redistributing HFR Index data. In addition, licensees also receive a dedicated feed of HFR Index data. The format of the feed is ideally suited to automating the process of updating and aggregating this information.

In addition, HFR Index Direct licensees also have the option of accessing HFR Indices Constituent Lists which detail the specific hedge funds comprise each HFRI and HFRX Index. This information was previously available only to firms that licensed the full HFR Database.

HFR also offers licenses for benchmarking, product replication and custom index development.

(Please contact Todd Hartman at todd@hfr.com or 312-658-0955 for more information on licensing HFR Index Data)

Learn more about the HFR Index Direct Licensing Program















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