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Barclay CTA Index returns 1.38% in November

Thursday, December 17, 2020
Opalesque Industry Update - Managed futures funds broke a two-month slump in November, posting a 1.38% return for the month, according to the Barclay CTA Index, compiled by BarclayHedge, a division of Backstop Solutions. For the year-to-date, CTAs were up 2.60% through November.

"Positive COVID-19 vaccine news contributed to a historic month for equity markets. Rising prices in energy, base metals and crops combined to boost managed futures funds in November," said Sol Waksman, president of BarclayHedge.

All sectors but one tracked in the Barclay CTA Indices were in the black for November. The Cryptocurrency Traders Index led the way among November's gainers returning 27.89%. Others in positive territory for the month were the Discretionary Traders Index, up 1.93%, the Financial & Metal Traders Index, advancing 1.81%, the Agricultural Traders Index, rising 1.61%, the Diversified Traders Index, gaining 1.58%, and the MPI Barclay Elite Systematic Traders Index, returning 1.57%.

The lone sector losing ground in November was the Currency Traders Index, off 0.52%.

Similarly, all sectors but one posted positive year-to-date returns through November. The MPI Barclay Elite Systematic Traders Index was the lone outlier, down 3.73%.

Among those in positive territory for the year-to-date were the Cryptocurrency Traders Index, returning 127.35%, the Agricultural Traders Index, gaining 12.38%, the Discretionary Traders Index, up 6.35%, the Currency Traders Index, returning 4.11%, and the Diversified Traders Index, up 2.56% for the year.

The Barclay BTOP50 Index, which tracks the performance of the largest CTAs that are still open for new investment, gained 2.64% in November. For the year-to-date the BTOP50 was up 0.73%.

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