Altegris Advisors has launched the Altegris Macro Strategy Fund, which it is characterizing as the “ultimate go-anywhere fund.”
“Of all the investment strategies, global macro stands alone as the most flexible and opportunistic,” said Jon Sundt, president and CEO of Altegris and co-portfolio manager of the fund. “Global macro managers assume that somewhere in the world, there’s an opportunity. The Altegris Macro Strategy Fund allows investors to participate in what we believe is an ultimate ‘go-anywhere’ macro approach to investing.”
In terms of volatility between January 1997 and March 2011, global macro has experienced lower volatility (6% annually, as measured by the Barclay Global Macro Index) than the broader market (16.5% annually, as measured by the S&P 500 Index).
In this period, global macro delivered an annual return of 9.7%, and the S&P had an annualized return of 6%.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access