Large Trend Following Managed Futures Programs Enjoy Strong October
The Bridge Institutional Trend Index, an index of five large trend following managed futures programs that don't charge incentive fees, added +4.14% last month, padding 2021 gains to +8.58%.
The constituents of the index are AlphaSimplex Groups Managed Futures Strategy, Aspect Capital's Core Trend Fund, Crabel Capital Managements Advanced Trend program, Graham Capital Management's Tactical Trend program and GSA Capital Partners' Trend Fund.
Bridge Alternatives' also produces a Commodity Hedge Fund Index, which tracks the performance of the largest commodity-focused hedge funds. That was also in the green last month, up +2.77%, good for gains of +16.15% on an equal weighted basis for 2021 so far.
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