DEC Gives Futures Fund A Facelift

Jan 11 2008 | 1:00am ET

After 13 years, DEC Capital is making a few changes to its Futures Fund. The Lincoln, Neb.-based commodity trading advisor is renaming its agriculture-focused fund the World Grain & Oilseeds Fund and handing over the reigns to new sub-advisor Dicken Commodities.

DEC founder Douglas Carper will provide the “intellectual capital” to the fund while Dicken will be solely responsible for determining trade size and concentration, and all other execution and risk management practices for the fund. “We’re still a growth vehicle focused on agricultural futures and options, but we’ve restructured the fund with lower costs and a new advisor,” said Carper.

Dicken’s historical performance is less volatile than that of the fund, although DEC intends to authorize it to trade the fund with up to two-times leverage. Last year, the $4.9 million fund lost 3.1% through the end of November, according to public databases. 

DEC also manages a $14.6 million Commodity Alternatives program, which gained 6.58% last year through December.


In Depth

Star Fund Managers Battered By Rocky Ride In Yields, Currencies

May 28 2015 | 6:05am ET

Some of the biggest names in the investment world have been whipsawed by the recent...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

The Road To Tax Alpha

May 28 2015 | 5:36am ET

Tax-related alerts are increasingly helping investment managers harvest tax alpha...

 

Sponsored Content

Editor's Note