Mutual Fund performance: February

March 14, 2023 rcm-alternatives 0 comment Like

Market Commentary

February gave back some of the optimism in January. The markets continued to pay attention to point/counter-point of economic data and the Fed as if it was a lame televised political debate. The sentiment indicates more rate hikes are coming. Stocks and bonds were down most of the month (VOL up mildly). Predictably, the dollar strengthened. Commodity markets seemed to track their respective fundamentals creating a mixed bag of performance. Hedged Equity strategies suffered because there wasn’t much vol to use as a buffer. Strategies using Trend Following seemed to fare better, especially those capable of using smaller markets.

Name	Ticker	Month to Date	Year to Date	Assets Under Management
Hedged Equity
Catalyst Buffered Shield Fund I	SHIIX	-2.00%	0.85%	$40,613,300
Rational Equity Armor Fund Instl	HDCTX	-1.60%	-3.45%	$62,932,867
EAVOL NASDAQ-100 Volatil Overlay Risk A	CLPAX	0.66%	6.37%	$12,108,627
Equities + Managed Futures
Catalyst/Millburn Hedge Strategy I	MBXIX	0.78%	0.86%	$6,024,312,868
Standpoint Multi-Asset Institutional	BLNDX	-0.60%	1.83%	$563,892,390
Active Fixed Income
Catalyst Multi-Strategy I	ACXIX	-3.59%	1.00%	$6,261,222
All Weather / Multi-Strat
Rational/ReSolve Adaptive Asset Allc I	RDMIX	-0.09%	-0.55%	$159,435,917
Astor Macro Alternative I	GBLMX	0.57%	-2.21%	$26,297,363
Catalyst/Millburn Dynamic Cmdty Stgy I	DCXIX	-6.58%	-3.31%	$15,126,464
Options
Catalyst/Warrington Strategic Program A	CWXAX	0.34%	0.23%	$160,343,242
AlphaCentric Premium Opportunity A	HMXAX	-1.25%	2.42%	$90,162,097
Rational Tactical Return Instl	HRSTX	0.29%	0.41%	$199,937,617
Commodities
SilverPepper Cmdty Strats Glb Macro Inst	SPCIX	-4.98%	-6.53%	$151,380,471
Direxion Auspice Broad Commodity Strategy	COM (ETF)	-2.93%	0.24%	$280,814,494
SDCI USCF SummerHaven Dynamic Commodity	SDCI (ETF)	-4.16%	-5.24%	$7,795,061
Managed Futures
AXS Chesapeake Strategy I	EQCHX	2.71%	-0.41%	$55,145,748

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.

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Disclaimers
RCM Ag Services is a registered DBA of Reliance Capital Markets II LLC. Trading futures, options on futures, and retail off-exchange foreign currency transactions are complex and involve substantial risk of loss and are not suitable for all investors. Loss-limiting strategies such as stop loss orders may not be effective because market conditions or technological issues may make it impossible to execute such orders. Likewise, strategies using combinations of options and/or futures positions such as “spread” or “straddle” trades may be just as risky as simple long and short positions. There are no guarantees of profit. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge and financial resources. You may lose all or more than your initial investment. You should not rely on any of the information herein as a substitute for the exercise of your own skill and judgment in making such a decision on the appropriateness of such investments. Opinions, market data and recommendations are subject to change without notice. Reliance Capital Markets II LLC shall not be held responsible for any actions taken based on this website or attached links. Parties acting on this electronic communication are responsible for their own actions. Past performance is not necessarily indicative of future results.