All but two of the eight asset classes we track month to month ended June in the red. Late reversals in the bonds market, and foreign currencies hurt Managed Futures, while Greece, and China hurt World Stocks and U.S. Stocks. Surprisingly, World stocks remain at the top but that might change if Greece exits the Euro, and China doesn’t recover.
The promising news for Managed Futures managers is they have a history of performing better in the second half of the year {Disclaimer: Past performance is not necessarily indicative of future results}.
(Performance as of 6/30/15)
(Disclaimer: past performance is not necessarily indicative of future results.)
Source: All ETF performance data from Morningstar.com
Sources: Managed Futures = Newedge CTA Index, Cash = 13 week T-Bill rate,
Bonds = Vanguard Total Bond Market ETF (BND),
Hedge Funds= IQ Hedge Multi-Strategy (QAI)
Commodities = iShares GSCI ETF (GSG);
Real Estate = iShares DJ Real Estate ETF (IYR);
World Stocks = iShares MSCI ACWI ex US Index Fund ETF (ACWX);
US Stocks = SPDR S&P 500 ETF (SPY)
