Wednesday, 20 August 2014
Last updated 2 hours ago
Nov 14 2008 | 1:00am ET
Utah-based Vision Capital Management recently launched its Global Futures 2x Fund. The fund returned 11.5% in its first month of trading and about 50% last month.
This month, the fund is up about 10% as of Nov. 10, according to principal Dario Michalek. However, the firm’s predecessor Global Futures Fund hasn’t fared as well this year, dropping 25%.
“The original fund had some difficult months in July and August of this year mainly due to the swift reversals across all commodities which we were fully invested in,” he said. “Our new program does a much better job at controlling drawdowns and volatility while maintaining the same level of returns.”
The fund charges 2% for management and 20% for performance.
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