Managed Futures October Performance

Managed Futures continues its strong performance the 2nd half of 2014, with three of the four indices we track posting almost identical returns for October, a positive 1.06% {past performance is not necessarily indicative of future results}.

But it wasn’t a smooth month of returns by any meanings. Trend Followers started off the month strong with continued trends in Long U.S Dollar, Short Metals, Short Crude Oil, and for some strategies, Long Stock Index futures. But as the Fed called for the end of QE, these trends appeared to be coming to an end, and it looked as though managed futures as an asset class was going to end down on the month, slightly. That was until on the last day of month, the Bank of Japan announced it was expanding monetary easing (QE) from 60 trillion up to 80 trillion yen ($720 Billion).

Most of us heard about this move by Japan sending stocks to all time highs, but it also helped these same markets (US Dollar, Crude, Metals) continue their trends, giving managed futures the boost it needed to end the month in the positive. But taking daily moving of markets in the lens of managed futures strategies doesn’t mean much. It’s the fact that those end of the month moves added on to or continued the trends that have been taking place for weeks or months.

We’ve already talked about why a trending (up or down) US dollar is good for managed futures, but more importantly this month’s performance, or rather, the past couple of months performance, is to show that Managed Futures strategies are non-correlated to the stock market. Meaning, that it’s just as likely to perform well when stocks are going up (like right now) as it is to perform well when stocks are moving lower like in 2008-2009 {past performance is not necessarily indicative of future results}.

Managed Futures October Performance(Disclaimer: Past performance is not necessarily indicative of future results)
(Note: Barclayhedge reporting 25% of funds)

With two months to go, we’re still not celebrating these returns just yet, as we’d love seeing the YTD performance run into the double digits. Here’s hoping.

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Disclaimer
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.

RCM receives a portion of the commodity brokerage commissions you pay in connection with your futures trading and/or a portion of the interest income (if any) earned on an account's assets. The listed manager may also pay RCM a portion of the fees they receive from accounts introduced to them by RCM.

See the full terms of use and risk disclaimer here.

Disclaimer
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.

RCM receives a portion of the commodity brokerage commissions you pay in connection with your futures trading and/or a portion of the interest income (if any) earned on an account's assets. The listed manager may also pay RCM a portion of the fees they receive from accounts introduced to them by RCM.

See the full terms of use and risk disclaimer here.