HEDGEfolios year-to-date stock performance for 2008 (through 08/29/08 close) was up 25.84%.

Over the same time period, the S&P 500 index was down -12.61%.

At the end of August, the HEDGEfolios universe consisted of 3,373 stocks.

Commentary: August saw the S&P 500 trade mostly sideways and net a +1.2% gain. HEDGEfolios managed to deliver approximately +4% during the month. Throughout the month, the database averaged approximately 75% UP signals and while I have been trying to get centered, the continued push for a stronger dollar and lower commodities has provided some momentum for the bulls.

Here is the performance chart of HEDGEfolios vs. the S&P 500 for 2008.

Prior Years’ Performance:

• 2007, HEDGEfolios performance was +21.78% vs. + 3.55% for the S&P 500 index
• 2006, HEDGEfolios performance was +25.54% vs. +13.62% for the S&P 500 index
• 2005, HEDGEfolios performance was +19.99% vs. + 3.00% for the S&P 500 index
• 2004, HEDGEfolios performance was +31.19% vs. + 9.00% for the S&P 500 index

Disclaimer: Nothing in my performance quoting is intended as an advertisement or in any other way meant to encourage anyone to subscribe to HEDGEfolios. These performance figures have not been audited or verified by an outside party and are NOT in compliance with the CFA’s AIMR Performance Presentation Standards. They don’t net out any transaction costs such as commissions or management fees and are not a total return calculation as I do not include dividend yields or any compounding factor. These performance figures cover a hypothetical portfolio of the entire HEDGEfolios stock universe with an equal weighting of each security. The calculation is simply the cumulative total of all gains and losses from the signals during the period in question.