The Nvest Market Blog, our current thoughts on the Street
- Categories
- Asset Class Review
- Market Alert
- Market Outlook
- Market Valuation
- Mutual Funds
- Planning Considerations
- Archives
- September 2010 (0)
- August 2010 (4)
- July 2010 (5)
- June 2010 (5)
- May 2010 (6)
- April 2010 (5)
- March 2010 (6)
- February 2010 (4)
- January 2010 (4)
- December 2009 (4)
- November 2009 (5)
- October 2009 (5)
- September 2009 (4)
- August 2009 (5)
- July 2009 (3)
- June 2009 (5)
- May 2009 (4)
- April 2009 (4)
- March 2009 (6)
- February 2009 (4)
- January 2009 (4)
- December 2008 (6)
- November 2008 (4)
- October 2008 (5)
- September 2008 (9)
- August 2008 (3)
- July 2008 (5)
- June 2008 (4)
- May 2008 (3)
- April 2008 (1)
- March 2008 (2)
- February 2008 (1)
- January 2008 (1)
- December 2007 (0)
- November 2007 (1)
- October 2007 (1)
- September 2007 (0)
- August 2007 (0)
- July 2007 (0)
- June 2007 (0)
- Contributors
- Bill Henderly, CFA
- Steve Henderly, CFA
Princeton Futures Strategy Fund - PFFAX
posted 07.27.2010 at 09:36 a.m. by steve
Recently, Nvest Wealth Strategies has been researching and performing due diligence on fund strategies that can further help reduce portfolio volatility. Historically managed futures provide an uncorrelated investment solution to the traditional asset classes of equity and fixed income. This low correlation serves as an excellent diversifier during periods of market volatility. When used in conjunction with a portfolio of traditional asset classes, the fund has the potential to reduce risk and enhance return. Additionally, unlike other alternative investments (such as hedge funds, real estate, private equity, etc.), managed futures as an asset class has maintained low correlation with other asset classes even during times of market stress in which asset correlations tend to rise (assets behave increasingly like one another).
Princeton Futures Strategy Fund (ticker: PFFAX / PFFNX) seeks to provide diversified exposure to the commodities, financial and foreign exchange markets while attempting to generate attractive, risk-adjusted returns through a fund-of-funds architecture with the daily liquidity and fee structure of a mutual fund. While the Princeton Managed Futures Strategy Fund is newly available in a mutual fund format under the Investment Company Act of 1940, the sub-advisor 6800 Capital, LLC has been running this hedge fund strategy as a limited partnership (LP) for the last 14 years with very attractive performance. Read more about Princeton Futures Strategy Fund.