How Investors Lose 89 Percent of Gains from Futures Funds By David Evans - Oct 7, 2013 7:00 PM ET Bloomberg Markets Magazine http://www.bloomberg.com/news/2013-...gains-from-futures-funds.html?alcmpid=mostpop
This is just highway robbery. I wonder who those investors were? Obviously they were not sophisticated investors even though they may have been accredited, did not ask the right questions.
Never buy what an investment bank is selling. As the bloomberg article said, you're better off in a low cost index fund. Having said that, I bet these futures funds are probably poised for good returns after this period of shakeout. The rangebound type markets are where fees and commissions eat up all the returns.