Having finished 2014 with a modest performance of 1.62%, the UCITS HFS Index starts positively into the year with gains of 1.09% in January 2015. After the first full week of trading the broad index returned profits of 0.18%. Week two added additional 0.18%, but it was the third week with gains of 0.86% that ensured a positive monthly result. The forth week of the month only caused a small dent as it saw the UCITS HFS Index drop -0.14%. Of all funds tracked 71.03% reported profits in January 2015.