futures and options involves substantial risk of loss no matter who is
managing your money and is not suitable for all investors.Past performance is not necessarily
indicative of future results.
mechanical means including
information storage and retrieval systems without permission in writing from
Vision Financial Markets LLC.
Managed Futures vs. Commodities
In our opinion, investors often
make no differentiation between commodities and professionally managed futures. Commodities are an asset class. Professionally managed futures
are an investment vehicle which uses the
commodity futures and options markets in an attempt to capitalize on a rise or
fall in commodity prices.
In professionally managed
futures, performance results are more dependent on the skill of the manager, not the investment vehicle. For example, 2008 was one of the worst years
on record for not only stocks, but also commodities:
commodities fell 46%. However, professionally managed futures were up 14% to 18% according to the Credit Suisse/Tremont Managed Futures Index* and the
Barclay CTA Index due to Commodity Trading
Advisors (“CTAs”) capitalizing on significant declines in
*THIS MATERIAL MENTIONS SERVICES WHICH
RANK THE PERFORMANCE OF COMMODITY TRADING ADVISORS. PLEASE NOTE THAT THE
RANKINGS APPLY ONLY TO THOSE CTAS WHO SUBMIT THEIR TRADING
RESULTS. THE RANKINGS IN NO WAY PURPORT TO BE REPRESENTATIVE OF THE
ENTIRE UNIVERSE OF COMMODITY TRADING ADVISORS. THE
MATERIAL IN NO WAY IMPLIES THAT THESE RESULTS ARE OFFICIALLY SANCTIONED
RESULTS OF THE COMMODITY INDUSTRY.