Can the returns posted on HedgeFund.net differ from the actual returns of the fund?
Annual and other periodic returns derived from the monthly numbers reported to HedgeFund.net may differ from the actual returns for various reasons. One reason might be transcription or input error on the part of the Manager. Another, might arise as a result of the timing difference between the accrual of management and incentive fees. Management fees are often accrued monthly while incentive fees can be accrued and paid annually. Under this scenario the posted monthly returns may not reflect the returns adjusted for the incentive fee to be paid at the end of the year. Most importantly, the individual manager data is provided to Hedgefund.net which it does not independently verify. Registered users should not rely upon Hedgefund.net data for the purpose of making an investment decision.