CTAs generally provided another timely reminder in August of their ability to generate de-correlated returns at times of equity market stress.
It was a positive month for CTAs in the main and the majority of managed futures funds posted gains – although there were some notable exceptions.
ISAM Systematic’s gold share class ended the month up 15.50%, taking its year-to-date gain to just shy of 25%. Rho Altius 1XL gained by 14.25% and is up 9.23% year to date, while AlphAlgo made 11.51% for a 3.45% YTD gain.
Amplitude Klassik made 11.16% in August and is up 6.70%