Past results are not necessarily indicative of future results. Futures and options trading is extremely speculative and highly risky and is not suitable for all investors. There can be no assurance that an account or fund will earn any profits at all or will be able to avoid incurring substantial losses, including the entire loss of the investment.
Comparisons to any indices referenced herein are for illustrative purposes only and are not meant to imply that actual returns or volatility will be similar to the indices. Indices cannot be invested in directly.
S&P 500 index: standard and poor's 500 index is a capitalization-weighted index of 500 stocks. The index is designed to measure performance of the broad domestic economy through changes in the aggregate market value of 500 stocks, representing all major industries. The index does not include dividend reinvestment.
Barclay CTA index: to qualify for inclusion in the CTA index, an advisor must have four years of prior performance history. There are currently 412 programs included in the calculation of the Barclay CTA index for 2023. The index is equally weighted and rebalanced at the beginning of each year.
The Bloomberg Global Agg index: the Bloomberg global aggregate index is a flagship measure of global investment grade debt from twenty-seven local currency markets. This multi-currency benchmark includes treasury, government-related, corporate and securitized fixed-rate bonds from both developed and emerging markets issuers. There are four regional aggregate benchmarks that largely comprise the global aggregate index: the us aggregate, the pan-European aggregate, the Asian-pacific aggregate, and the Canadian aggregate indices. The global aggregate index also includes Eurodollar, euro-yen, and 144a index-eligible securities, and debt from five local currency markets not tracked by the regional aggregate benchmarks (clp, cop, mxn, pen, and ils). A component of the multiverse index, the global aggregate index was created in December 1998, with index history backfilled to January 1, 1990.
SG Trend index: designed to track the largest trend following CTAs and be representative of the trend followers in the managed futures space. The index is comprised of the 10 largest managers (AUM) who meet the criteria. Constituents must trade primarily futures, be diversified across asset classes and/or markets, must be broadly diversified across asset classes and/or markets, an industry recognized trend follower, open to new investment, and exhibit significant correlation to trend following peers and the sg trend indicator.