Via Attain Capital
Here’s our monthly look at:
1. How the numerous commodity ETFs which have sprung onto the scene the past few years are tracking a simple strategy of just buying the December futures market of that commodity, under the theory that the ETF will have to roll their positions periodically throughout the year, and in doing so take on costs the simple strategy does not have.
Tollymore Investment Partners 2Q20 Letter: ESG ≠ sustainable investing
Tollymore Investment Partners letter to investors for the second quarter ended June 30, 2020. Q2 2020 hedge fund letters, conferences and more Dear partners, Tollymore generated returns of +19% in the first six months of 2020, net of all fees and expenses. Investment results since inception are shown below: Tollymore's Raison Detre Tollymore is a Read More
2. How the passive investment strategy of being long commodities (either via futures or ETFs) compare to an active strategy going both long and short commodity markets via a professional commodity trading advisor (as tracked by the BarclayHedge Ag Trader Index).
(Performance as of 7/22/2015)
Copy of Commodity ETF Over/Under Performance 2015
|Average strong>||-8.87% strong>||-11.14% strong>||-2.27% strong> font>|
|Average without Hogs strong>||-10.02% strong>||-8.40% strong>||-1.62% strong> font>|
|Commodity Index $DBC||-11.06% font>|
|Long/Short Ag Trader CTAs||1.02%|
(Disclaimer: Past performance is not necessarily indicative of future results)
(Disclaimer: Sugar uses the October contract, Soybeans the November contract.)
Long/Short Ag Trader CTA = Barclayhedge Ag Traders Index