The Canadian Hedge Fund Indices provided by Scotiabank and BullWealth are both designed to provide a comprehensive overview of the Canadian hedge fund universe, using different return calculations. 

The Scotiabank Canadian Hedge Fund Index (SCHF Index) offers both an equal weighting and an asset weighted calculation. The SCHF Index includes both open and closed funds with AUM greater than C$15 million and at least a 12 month track record of returns, managed by Canadian-domiciled hedge fund managers.

The BullWealth index and related Sub-Indices are calculated using a database of returns for over 300 distinct Canadian hedge funds. Eligible funds have at least a 3 month track record of returns and are managed by a Canadian-domiciled investment firm. There is no minimum asset requirement.