Everyone’s talking about Milk as 2011’s top performing commodity, but we’re more interested in markets that managed futures professionals actually trade, like Bonds, Crude Oil, Natural Gas, and Cotton. Per our favorite quote site, Finviz.com, we find the following 2011 stats for commodity markets. [Please note – finviz does some weird things around contract rolls, which can make their percentage gains over longer periods different than what would be found using a continuous contract or the cash/spot market, nonetheless, we feel it is representative of each market’s 2011 movements].
- 40% (16 of 40) of markets up for the year (compared to 85% in 2010)
- 57% of markets down for the year (compared to 15% in 2010)
- 3 markets down more than -30% (Cocoa, Cotton, Natural Gas)
- 12 markets down more than -15%
- Only 3 markets up more than 15% (Heating Oil, 30 Year Bonds, Feeder Cattle), compared to 4 markets with gains over 75% in 2010
- 3 markets within 3% of their 2011 highs (US Dollar, 30 Year Bonds, 10 Year Notes, Feeder Cattle)
- 2 markets withing 3% of their 2011 lows (Natural Gas, Platinum)
- Cotton, after posting the second highest gains in the field last year, fell to the bottom of the heap with losses of -36%.
What will 2012 bring? That is the million dollar question, to be sure. Will this finally be the year Natural Gas breaks out of its slump? Will Cotton and Cocoa bounce back? Can US Bonds continue to put in positive years? Will Gold break its multi-year win streak ?
Luckily, managed futures investors don’t need to know the answers to those questions before hand in order to have a successful 2012. The managers don’t even need to know the answers, they just need to be able to identify and capture any such moves when they happen (no small task).
The performance data displayed herein is compiled from various sources, including BarclayHedge, and reports directly from the advisors. These performance figures should not be relied on independent of the individual advisor's disclosure document, which has important information regarding the method of calculation used, whether or not the performance includes proprietary results, and other important footnotes on the advisor's track record.
Benchmark index performance is for the constituents of that index only, and does not represent the entire universe of possible investments within that asset class. And further, that there can be limitations and biases to indices such as survivorship, self reporting, and instant history.
Managed futures accounts can subject to substantial charges for management and advisory fees. The numbers within this website include all such fees, but it may be necessary for those accounts that are subject to these charges to make substantial trading profits in the future to avoid depletion or exhaustion of their assets.
Investors interested in investing with a managed futures program (excepting those programs which are offered exclusively to qualified eligible persons as that term is defined by CFTC regulation 4.7) will be required to receive and sign off on a disclosure document in compliance with certain CFT rules The disclosure documents contains a complete description of the principal risk factors and each fee to be charged to your account by the CTA, as well as the composite performance of accounts under the CTA's management over at least the most recent five years. Investor interested in investing in any of the programs on this website are urged to carefully read these disclosure documents, including, but not limited to the performance information, before investing in any such programs.
Those investors who are qualified eligible persons as that term is defined by CFTC regulation 4.7 and interested in investing in a program exempt from having to provide a disclosure document and considered by the regulations to be sophisticated enough to understand the risks and be able to interpret the accuracy and completeness of any performance information on their own.
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