2020 CTA Challenge — July Trends
Managed Futures Performance – Big Moves In July
We are only a few weeks into July and already see some big performance moves for the month. Multiple programs in the CTA Challenge have positive returns up double digits so far in July. There is no specific discipline that is excelling. Programs that trade Global Macro, Trend Following and Discretionary Commodity Spread/Arbitrage are showing good numbers.
On the flip side, the programs down this month are not giving back large amounts. The largest loss we see this month is only down -6% while two-thirds of the pack is posting positive returns in July. The average loser is down -1.75% in July and the average winner is up +2.79. The distribution of returns for July is skewed heavily to the right; a good thing for Managed Futures this month.
To better navigate this landscape, interested investors should contact a Coquest representative with any questions on accessing Managed Futures.
Please note that Managed Futures investments and trading in futures, in general, can carry leverage and a high degree of risk. It is not suitable for all investors. See the full disclosure notice at the bottom of this newsletter. And, as always, past performance is not indicative of future results.
Are You An Investor Who Wants To Know More?
To learn more about the CTA Challenge participating investment programs, or others that are performing well in this current environment, please contact Coquest by clicking here or calling 1-214-580-4220.
Visit: CTAChallenge.com for more details.
2020 CTA Challenge:
Top 5 Ranking Through The End Of June
#1: AG Capital Investments LLC / Discretionary Global Macro Program
#2: Cayler Capital LLC / Systematic Diversified Energy Strategy *QEP*
#3: Breakout Funds LLC / Breakout Strategy *QEP*
#4: Revolution Capital Management LLC / Alpha Program *QEP*
#5: Balorca Capital LLC / Strategic I Program
See the full current rankings here.
CTAs interested in participating, or investors interested in learning more about CTAs and Managed Futures investment strategies, should contact Coquest and the CTA Challenge by Clicking Here.
Metolius Capital LLC operates a systematic global macro futures investment program combining a macro/fundamental approach with price based statistics to create trades. While price is always the final arbiter, we believe the unique mix of our approach to the analysis of the market, provides diversification and less concentration risk than the traditional CTA model. The strategy uses highly liquid futures contracts, providing transparency and scalability through a team of experienced individuals. We invest significantly in infrastructure and resources to meet the exacting standards of our investors. The models are diversified across markets, sectors and time frames which we feel represents a unique combination of uncorrelated logical and quantitative ideas.
Visit CoquestTradersResearch.com to learn more about this CTA and to become a premium member of the site.
Started in 1919 by Mr. D. Howard Doane, Doane Advisory Services was built with the vision of creating a more efficient, productive agriculture industry. Acquired by Farm Journal in 2015, Doane Advisory Services is a market leader for agricultural economic information and outlook. Doane’s economists combine Farm Journal’s deep farm-data content with its proven models and analysis – which distinguish Doane as the only advisory services with direct contact with America’s farmers and ranchers.
Upcoming Events – Mark Your Calendars!
MFA Forum 2020
September 9, 2020
Virtual Conference, Chicago, IL
CTA Challenge Sponsors