HFRI-I LIQUID ALTERNATIVE UCITS INDICES: SEPTEMBER 2026 PERFORMANCE NOTES

In September, global financial markets posted declines amid elevated volatility as rising Oil prices and interest rates weighed on risk sentiment, while uncertainty surrounding the sustainability of AI-related investment contributed to sharp swings in Technology and AI-sensitive equities. Global equity markets declined for the month, with weakness across U.S. and international markets as investors adjusted to higher borrowing costs and persistent inflation pressures. Interest rates rose sharply after the U.S. Federal Reserve increased its policy rate, as investors positioned for interest rates to remain higher for longer. The U.S. dollar strengthened against most major currencies. Commodities were mixed, with Oil posting strong gains amid continued uncertainty surrounding the Iran military conflict and global energy supplies, while Gold and agricultural commodities declined.

The HFRI-I Liquid Alternative UCITS Index posted a decline of -0.10% in September.

• HFRI-I Macro Index gained +2.34%
• HFRI-I Event Driven Index gained +0.08%
• HFRI-I Equity Hedge Index declined -0.50%
• HFRI-I Relative Value Index declined -1.43%

Comments reference performance as of September 30, 2026