The numbers are trickling in and as we discussed last week, this month’s market performance will be a good stress test for alternatives. In the Managed Futures space, and specifically for the Attain Funds, we have four different types of managed futures strategies, all of them with different return drivers. Take a look:
|Attain Short Term Alpha Fund||+4.50%||+4.69%||-8.23%|
|Attain Relative Value Fund||+1.90%||+16.54%||-1.91%|
|Attain Global Macro Fund||+0.66%||+5.62%||-7.69%|
|Attain Trend Following Fund||-4.39%||-23.15%||-23.59%|
|Liquid Alternative Comparisons|
|AQR Managed Futures Strategy I Mutual Fund (AQMIX)||+1.48%||+3.19%||-8.32%|
|361 Managed Futures Strategy A Mutual Fund (AMFQX)||-2.13%||+7.73%||-2.13%|
|Managed Futures Mutual Funds||-2.67%||-1.39%||-6.61%|
Disclaimer: Past performance is not necessarily indicative of future results
Managed Futures Mutual Funds = The Morningstar Managed Futures Category Performance, showing an average of all Managed Futures mutual funds on their platform. Performance as of April 30th, 2015.
Annual DD = The worst drawdown experienced by the strategy for the calendar year.
Disclaimer: *The return numbers herein include estimates of the full month performance for the previous month, and include assumptions for accrued fees, the effect of additions and redemptions, and other factors which may cause the final numbers compiled by the fund administrator to differ slightly.
You should fully understand the risks associated with trading futures, options and retail off-exchange foreign currency transactions (“Forex”) before making any trades. Trading futures, options, and Forex involves substantial risk of loss and is not suitable for all investors. 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. Opinions, market data, and recommendations are subject to change without notice. Past performance is not necessarily indicative of future results. Commodity Futures Trading Commission (CFTC) rules require delivery of a disclosure document at or prior to the time an advisory or subscription agreement is delivered. The disclosure document includes the principal risk factors and costs of participating in a particular CTA or CPO program including the potential impact of fees and expenses, the “break-even point” expressed both as a dollar amount and as a percentage return necessary to recover one’s initial investment, if applicable. The CFTC has not passed upon the merits of participating in any one particular investment or on the adequacy or accuracy of any one disclosure document.