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

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

Agecroft Partners: Hedge Fund Industry Assets to increase $250B by Summer 2016

Aug 11 2015 | 11:29am ET

Assets will continue to flow into the hedge fund industry despite long-standing...

 

Editor's Note