Hedge Fund Alert
Saturday, October 1, 2005

HedgeCo Networks plans to charge customers $995 per year to use its Hedgefundcalculator program, undercutting the $5,000/year charge that the West Palm Beach, Fla., firm maintains is the going rate among its rivals.

The program computes quantitative statistics, converts gross returns into net figures and generates monthly data for marketing materials. It also allows fund-of-fund managers to calculate their performance. However, the program isn't as comprehensive as some other products on the market, such as Strategic Financial Solutions' PerTrac software package. But HedgeCo says that small fund operators generally can't afford such extensive programs anyway, creating a niche for Hedgefundcalculator.

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