Ag’s A Drag For IMFC

Nov 30 2006 | 10:24am ET

Toronto-based Integrated Managed Futures Corp’s Diversified program in October was down 6.6% bringing its year-to-date returns to –17.0%. The systematic program, which predominantly trades physical commodities, is currently managing some $11 million in assets.  

The firm specifically attributed its losses in October to the grains markets with the exception of the wheat sector. “Marginal losses in meats and softs rounded out the drag from the agricultural sector,” stated the firm.

IMFC generally invests over 60% of its portfolio in physical commodity futures such as metals, energy futures and agricultural and soft commodities. In addition, it invests in global currency and treasury debt futures but has no exposure to equities and/or equity indices.

The Diversified program charges fees of 2/20 with a $500,000 minimum investment requirement.

Roland Austrup, former investment advisor with BMO Nesbitt Burns, is the president and CEO of IMFC. The firm is a subsidiary of Integrated Asset Management Corp, an alternative asset management firm with some $3 billion in assets under management.


In Depth

Q&A: Reg A+ Will Transform the Alternative Asset Landscape

Jul 7 2015 | 4:03pm ET

In addition to easing capital formation for small companies, Regulation A+ has enormous...

Lifestyle

Fiat Chrysler Files Paperwork For Ferrari IPO

Jul 23 2015 | 5:05pm ET

Italian sportscar maker Ferrari has taken a step closer to a stock market listing...

Guest Contributor

Lifting of Foreign Ownership Limits Signals Sea Change in Vietnam's Capital Markets

Jul 28 2015 | 3:01pm ET

The lifting of restrictions on foreign ownership limits in Vietnam later this year...

 

Editor's Note