Managed Futures & Institutional Research
Managed Futures Resources
Educational material, portfolio research, methodology, and regulatory reference information for evaluating managed futures and Commodity Trading Advisor programs.
Autumn Gold separates broad managed-futures education from manager-specific due diligence and analytics. These resources are intended to provide context for understanding portfolio construction, benchmark behavior, statistical methodology, investor eligibility, and the risks associated with futures and options trading.
Managed Futures & Portfolio Research
Start here for the role of managed futures within a broader investment portfolio and for live historical comparisons using data maintained in the Autumn Gold database.
The Role of Managed Futures
A current institutional overview of diversification, long and short market participation, global opportunity sets, strategy dispersion, and the risks and limitations of managed futures.
The page includes live portfolio comparisons, live correlation analysis, and live comparisons of managed futures during strong and weak equity-market quarters.
View Managed Futures ResearchAutumn Gold Indexes
Review Autumn Gold managed-futures indexes and the methodology used to summarize the performance of CTA programs represented in the Autumn Gold database.
View Autumn Gold Indexes →Methodology & Reference
Definitions and eligibility references used throughout Autumn Gold reports and educational material.
Methodology & Definitions
Definitions for rates of return, drawdowns, volatility, Sharpe, Sortino, Calmar, Omega, AUM, margin usage, and other statistics used throughout Autumn Gold reports.
View Methodology & Definitions →Investor Eligibility
Reference information covering Accredited Investor, Qualified Eligible Person (QEP), and Eligible Contract Participant (ECP) classifications, together with primary regulatory source material.
View Investor Eligibility →Website, Data & Privacy Policies
Information governing use of Autumn Gold data, subscriptions, personal information, referrals, and commercial access.
Terms & Conditions
Terms governing individual subscriptions, public-site use, data redistribution, commercial and institutional use, automated access, and related licensing restrictions.
View Terms & Conditions →Privacy Policy
Information concerning personal data, cookies, account information, user-directed inquiries and referrals, service providers, and privacy rights.
View Privacy Policy →Industry Resources
Primary U.S. regulatory and industry organizations relevant to futures, Commodity Trading Advisors, and alternative investment management.
External links are provided for reference. Autumn Gold is not responsible for the content or privacy practices of third-party websites.
Risk Disclosure
PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
THE RISK OF TRADING COMMODITY FUTURES, OPTIONS AND/OR FOREIGN EXCHANGE ("FOREX") IS SUBSTANTIAL. THE HIGH DEGREE OF LEVERAGE ASSOCIATED WITH COMMODITY FUTURES, OPTIONS AND FOREX CAN WORK AGAINST YOU AS WELL AS FOR YOU. THIS HIGH DEGREE OF LEVERAGE CAN RESULT IN SUBSTANTIAL LOSSES, AS WELL AS GAINS. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. IF YOU ARE UNSURE YOU SHOULD SEEK PROFESSIONAL ADVICE. AN INVESTOR MUST READ AND UNDERSTAND THE CTA'S CURRENT DISCLOSURE DOCUMENT BEFORE INVESTING. THERE ARE NO GUARANTEES OF PROFIT NO MATTER WHO IS MANAGING YOUR MONEY.
PAST PERFORMANCE DOES NOT GUARANTEE FUTURE SUCCESS. IN SOME CASES MANAGED ACCOUNTS ARE CHARGED SUBSTANTIAL COMMISSIONS AND ADVISORY FEES. THOSE ACCOUNTS SUBJECT TO THESE CHARGES MAY NEED TO MAKE SUBSTANTIAL TRADING PROFITS JUST TO AVOID DEPLETION OF THEIR ASSETS. EACH COMMODITY TRADING ADVISOR ("CTA") IS REQUIRED BY THE COMMODITY FUTURES TRADING COMMISSION ("CFTC") TO ISSUE TO PROSPECTIVE CLIENTS A RISK DISCLOSURE DOCUMENT OUTLINING THESE FEES, CONFLICTS OF INTEREST AND OTHER ASSOCIATED RISKS. A HARD COPY OF THESE RISK DISCLOSURE DOCUMENTS ARE READILY AVAILABLE BY CLICKING ON EACH CTA'S "REQUEST DISCLOSURE DOCUMENT" BUTTON.
THE FULL RISK OF COMMODITY FUTURES, OPTIONS AND FOREX TRADING CAN NOT BE ADDRESSED IN THIS RISK DISCLOSURE STATEMENT. NO CONSIDERATION TO INVEST SHOULD BE MADE WITHOUT THOROUGHLY READING THE DISCLOSURE DOCUMENT OF EACH OF THE CTAS IN WHICH YOU MAY HAVE AN INTEREST. REQUESTING A DISCLOSURE DOCUMENT PLACES YOU UNDER NO OBLIGATION AND EACH DOCUMENT IS PROVIDED AT NO COST. THE CFTC HAS NOT PASSED UPON THE MERITS OF PARTICIPATING IN ANY OF THE FOLLOWING PROGRAMS NOR ON THE ADEQUACY OR ACCURACY OF THE DISCLOSURE DOCUMENTS. OTHER DISCLOSURE STATEMENTS ARE REQUIRED TO BE PROVIDED TO YOU BEFORE AN ACCOUNT MAY BE OPENED FOR YOU.
PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. PROSPECTIVE CLIENTS SHOULD NOT BASE THEIR DECISION ON INVESTING IN THIS TRADING PROGRAM SOLELY ON THE PAST PERFORMANCE PRESENTED. ADDITIONALLY, IN MAKING AN INVESTMENT DECISION, PROSPECTIVE CLIENTS MUST ALSO RELY ON THEIR OWN EXAMINATION OF THE PERSON OR ENTITY MAKING THE TRADING DECISIONS AND THE TERMS OF THE ADVISORY AGREEMENT INCLUDING THE MERITS AND RISKS INVOLVED.
AUTUMN GOLD CTA INDEXES ARE NON-INVESTABLE INDEXES COMPRISED OF THE CLIENT PERFORMANCE OF CTA PROGRAMS INCLUDED IN THE AUTUMN GOLD DATABASE AND DO NOT REPRESENT THE COMPLETE UNIVERSE OF CTAS. INVESTORS SHOULD NOTE THAT IT IS NOT POSSIBLE TO INVEST IN THESE INDEXES.