CTA Pardo Launches 2 Managed Futures Programs

Mar 6 2012 | 2:52pm ET

Chicago-based commodity trading advisor Pardo Capital has launched two new managed futures programs based on its flagship XT99 Diversified trading program.

The XT99 Access and XT99 Commodities programs offer qualified investors access to the proprietary computerized trading algorithms of the XT99 Diversified, but with smaller, more targeted portfolios and lower minimum investments ($200,000 for the XT99 Access program, $500,000 for the XT99 Commodities program).

XT99 Access trades a blend of futures candidates from each of seven major markets while XT99 Commodities trades a weighted commodities-only portfolio of 13 markets including grains, meats, cotton, sugar, coffee, metals and soy complex.

"We are excited to offer two new programs that offer the same proven core strategies of our XT Diversified program with similar returns but with lower risk and volatility and with more accessible initial investment levels," said Bob Pardo, president of Pardo Capital, in a statement. "Managed futures has received increasing attention as a meaningful component of a balanced investment portfolio. We believe our innovative programs, which incorporate a number of advances created by our research and development team, will provide greater access to managed futures to a broader audience."

In Depth

The Importance of Stability in the Evolving Hedge Fund Administration Market

Oct 5 2015 | 8:17pm ET

Hedge fund administration has evolved from simple record keeping to an integral,...


Citadel's Griffin Reaches Settlement in Contentious Divorce

Oct 8 2015 | 10:14pm ET

Billionaire hedge fund manager Ken Griffin and his wife have settled a long-running...

Guest Contributor

Hedge Fund Marketing To Independent RIA Firms

Sep 30 2015 | 1:56pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth Inc. explains...


Editor's Note