Fears of a commodity bubble only fueled more buying, leading short sellers and hedge funds to unwind bearish positions and strengthening upward trends. In particular, this was evident in crude oil futures and other energies where we experienced the greatest advantage.
American Fork, UT (PRWEB) July 2, 2008
Vision Capital Management (http://www.forwardthinking.vc), a Managed Futures CTA, posted an estimated gain of +31.60% for its CTA program, bringing its compound annualized return to +49.04%. Vision Capital Management was profitable in all four major commodity sectors gaining an estimated +15.58% in agriculture, +9.47% in energies, +4.73% in metals and +1.82% in financials. Vision Capital Management is also registered as a Commodity Pool Operator, managing a Reg D hedge fund. Accredited investors can view the performance of the hedge fund at http://www.forwardthinking.vc. Required Disclosure: There is risk of loss in futures trading. Past performance is not indicative of future results.
In June, Vision Capital Management was active in 51 of its 55 commodity futures markets. The global alternative investment manager benefited from many strong directional bullish and bearish moves, which came after several months of consolidation for many of the 55 markets in its portfolio. Dario Michalek, CEO and portfolio manager of Vision Capital Management, described his position on the performance of commodity futures in June: "Fears of a commodity bubble only fueled more buying, leading short sellers and hedge funds to unwind bearish positions and strengthening upward trends. In particular, this was evident in crude oil futures and other energies where we experienced the greatest advantage." For the future, Dario Michalek believes the US Dollar will continue to weaken and has converted cash balances in client accounts to foreign currencies.
About Vision Capital Management
Vision Capital Management is a registered Commodity Trading Advisor (CTA) and Commodity Pool Operator (CPO). The alternative investment Manager operates in the industry of Managed Futures, one of the fastest growing asset classes in investments today. Vision Capital Management's trend-following strategy was developed over ten years with the intention of building a vast portfolio of commodity markets that could generate value opportunistically.
Vision Capital Management's (http://www.forwardthinking.vc) commodity futures portfolio consists of 55 commodity futures and financial futures markets traded over 14 futures exchanges in 6 continents. These include many commonly traded futures markets such as Crude Oil futures, Gold futures, Soybean futures, and Natural Gas futures; and also commodity futures markets that are not commonly traded, such as Sunflower Seed futures, Azuki Beans futures, Bankers Acceptance futures, and more.
Vision Capital Management has recently undertaken a vast re-branding and performance marketing campaign with Extract Value, a Los Angeles-based alternative investments branding, marketing and lead generation firm (http://www.extractvalue.com).
Vision Capital Management