Barclay CTA Index loses 0.67 per cent in September

Managed futures funds reversed course in September losing 0.67 per cent, according to the Barclay CTA Index, compiled by BarclayHedge. For the year-to-date, CTAs are up 2.09 per cent.

“Trend reversals triggered price declines in global equity markets, energy and precious metals which caught many CTAs on their back foot,” says Sol Waksman, president of BarclayHedge. “However, managers properly positioned in agricultural markets, currencies and interest rates were able to profit.”

While most sectors in the Barclay CTA Indices lost ground in September, three were in the black for the month. The Agricultural Traders Index gained 0.63 per cent in September, the Currency Traders Index added 0.55 per cent, the and the Financial & Metal Traders Index was up 0.16 per cent.

Sectors in the red for the month included the Cryptocurrency Traders Index, down 10.88 per cent, the MPI Barclay Elite Systematic Traders Index, off 1.47 per cent, the Diversified Traders Index, losing 1.41 per cent, the Systematic Traders Index, falling 0.92 per cent, and the Discretionary Traders Index, shedding 0.75 per cent.

Despite September’s loss, the Cryptocurrency Traders Index set the pace for year-to-date gainers through September, up 61.54 per cent. Other leading gainers included the Agricultural Traders Index, up 10.04 per cent, the Currency Traders Index, returning 5.37 per cent, the Discretionary Traders Index, gaining 4.35 per cent, and the Systematic Traders Index, up 2.20 per cent.

Again in September, the MPI Barclay Elite Systematic Traders Index was the lone sector in negative territory for the year-to-date, down 5.02 per cent.

The Barclay BTOP50 Index, which tracks the performance of the largest CTAs that are still open for new investment, was down 1.41 per cent in September. Year-to-date, the BTOP 50 has dropped 0.65 per cent.