Interesting new mutual fund: Rydex Managed Futures Fund http://newrydexfund.notlong.com 'The benchmark also looks at each individual sector on a rolling seven-month period. "If the current price is higher than that longer-term moving average, then the fund will go long in that sector for that month," Egilinsky said. "If the current price is below that moving seven-month average, it goes short for that month." It's similar to strategies futures traders use in terms of implementing a computer-driven, trend-following approach, he added. "Nobody's going to look at managed futures as a standalone vehicle, but over time it can reduce volatility of an investor's core portfolio holdings," Egilinsky said. Rydex says back-tested returns for its newest fund show that over long periods it should zig when stocks zag. It also should produce slightly greater swings than bonds. But performance based on historic returns for all asset classes in the fund indicates greater profits for investors, Egilinsky says. "Rydex is essentially using the same strategy with this fund as most commodity trading advisers serving institutional investors do," Payne said.' http://www.rydexinvestments.com/campaigns/managed_futures.html
I look at Average Drawdown/Profit, Time to Recover, Sharpe Ratio and Equity Curves. Call it data mining, but I put my money into MAN AHL, Winton and Tulip Trend and NOT into a 4 year sideways churning Superfund. P.S. Ever wonder why Superfund never reached any substantial inflow of institutional money?? Why do they focus on small retail clients with 50k investments??? Just a hint what the smart money thinks of a rip off outfit like theirs. Good luck.
I think it (Standard & Poor's Diversified Trends Indicator) returned around 8-11% annually for the last 10 years with very little volatility.
Why compare a fund with a $25k minimum to a fund with a $5-10 million minimum? I am speaking of Quadriga versus Man or Winton.
Of course they get killed with the JPY rallying since all liquid futures are "magically" correlated since years thanks to the BOJ. MAN AHL was up 7% in Jan. so they should still be faring better than Superfund YTD.
Shouldn't the smaller fund not perform a lot better? Superfund rip people off and blame the lame performance on deteriorating market conditions. There are a number of funds there twice or triple the size that defy their explanation. Obviously Superfund make enough on the insane roundtrip fees and 5% annual base commission they stopped caring about actual trading results. Oh and they have to market their Formula 1 race driving garbage, also takes up brain power.