Wednesday, 20 August 2014
Last updated 4 hours ago
May 6 2010 | 1:26pm ET
Superfund, the retail managed-futures fund, had a very tough 2009. But its bouncing back so far in 2010.
The fund, headed by Christian Baha, is up about 18% this year. But it still has a long way to go to make up for last year, when its C-share class shed 51.03%.
“2009 was very difficult for Superfund,” Baha told Reuters. “It was not funny but you have to get through such periods.”
“If you do long-term trend following, you can have a year like this every 20 to 30 years,” the Austrian added.
Superfund’s annual returns practically define volatile. In 2008, when most hedge funds plummeted by double-digits, the Superfund C class soared 74.18%. Since inception nine years ago, the share class is up 360%.
Superfund’s three share classes have US$1.24 billion in assets under management.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note