Standard VaR versus Bootstrapping VaR using Hedge Fund Strategies Indice Data

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Hi David,

I am undertaking some research in respect of the above and propose to test which VaR measurement is the better measurement in respect of hedge fund strategy indice returns. Rather than use monte carlo simulation, I am using the bootstrapping method in its place.

Will my results be significant given I am using indice returns rather than specific mutual fund portfolio returns?

Could you provide me with any advice in respect of carrying out this research and also any previous papers which studied this.
Thank you,
CB.