By the analysis of the historical return of macro hedge fund, this paper points out that this kind of fund may gain high profit, as well as baring high risk.

• 通过对全球宏观对冲基金的历史收益率的分析发现，此类对冲基金在很有可能获得高收益的同时，必须冒很高的风险，冒高风险的概率和获得高收益的几率相等。