Futures Funds Following our last post about Separate Managed Accounts, Futures Funds are another way to access the CTA universe. While Foremost Capital exclusively deals with Separate Managed Accounts, futures funds are worth explaining because they are so prevalent. Before we dive in, there are two terms to define. According…

Demystify Managed Futures If you search “managed futures” in Google, you get definitions and news articles.  Wikipedia actually gives a decent general description right off the bat: A managed futures account (MFA) or managed futures fund is a type of alternative investment in the US in which trading in the…

Options traders are a booming business in the CTA space, at least that is the recent trend. It seems like every day we meet a new manager who incorporates some type of option selling or volatility trading. When measured by assets, most CTAs in the industry use some type of…

Congratulations are in order! Stock markets, both domestic and abroad, are at all-time highs. In the US, we’ve been on a strong bull run since March 2009 with few blips along the way. On a global scale, the MSCI All Country World Index (ACWI) is also showing new highs. However,…

CTA Tear Sheet There are many ways to approach the topic of managed futures. It’s certainly important to know things like history, benchmarks, trading strategies, etc. From a practical standpoint though, most investor’s first experience with managed futures is seeing a CTA tear sheet. A CTA tear sheet is a…