The iM DBi Managed Futures Strategy ETF (DBMF), which replicates the strategies of trend-following hedge funds, has passed the $1 billion mark having attracted net inflows of of $893 million so far in 2022, according to a report by Bloomberg.
The fund, which started the year with just $60 million in assets, has returned 33% so far in 2022 amid prolonged moves in a host of assets as the US Federal Reserve ramps up interest rates to tackle soaring inflation.
Managed futures strategies, which take both long and short positions across a raft of derivatives seeking to ride price momentum and clear market trends, are thriving this year, on the back of the Fed’s moves to tighten monetary policy. The First Trust Managed Futures Strategy ETF (FMF) has seen inflows of $131 million and has returned about 15% so far in 2022, while The Simplify Managed Futures Strategy ETF (CTA), which launched in March, has returned 17% since its debut and gathered about $178 million in assets.
