FORT Global Futures (Canada) Trust

FORT is a US$6bn quantitative investment management firm that has produced a range of systematic strategies since its inception in 1993. FORT’s programs are designed to be uncorrelated to equities, fully liquid, systematic, and adaptive. FORT is primarily an institutional investment manager with a broad roster of institutional clients including pension funds and global wealth management platforms. FORT currently has over 60 professionals based in the Washington, D.C. area and New York City.

 

FORT’s Global Futures is a systematic multi-strategy trading program. It trades a spectrum of futures contracts in the global markets that includes interest rates, bonds, currencies, equity indices, energy, agriculture and metals. Global Futures is a proprietary blend of three strategies: (i) trend-following; (ii) trend-anticipating (Global Contrarian); and (iii) mean reversion. The addition of each of these components is designed to reduce the volatility of returns. Global Futures is also designed to have a low correlation with broad equity indices. Global Futures dynamically and systematically shifts risk allocations among asset classes and underlying parameter choices.

 

The Global Futures program has been trading since 2002 and has achieved double-digit annualized returns with low correlation to the S&P 500 and drawdowns substantially less than the S&P 500.

Why Invest?

  • Looking for a systematic, multi-strategy investment approach, with dynamically-weighted exposure to (i) trend-anticipating; (ii) trend-following; and (iii) mean reversion
  • Interested in an actively managed portfolio of global financial and non-financial futures contracts, including interest rates, bonds, currencies, equity indices, energy, agriculture and metals
  • Senior management team has extensive experience, dating back to 1993
  • A deep pool of research and operational personnel with over 60 employees across research, investment and operational functions
  • Material commitment of senior management and investment team which includes FORT founders Dr. Yves Balcer and Dr. Sanjiv Kumar (former senior portfolio managers at the World Bank where they managed a $25 billion global bond portfolio)

Fund Details

Strategy
Multi-strategy global futures
Fundserv Code
Class
A: SPA1608
F: SPA1610
RSP Eligible
No
Subscription Frequency
Monthly, on the last business day of each month, subject to 2 days prior notice
Minimum Investment (accredited investors only)
Class
A & F: C$25,000 and C$10,000 thereafter
I: C$100,000 and C$25,000 thereafter
Currency
Canadian dollars
Management Fee
Class
A: 2% per annum
F: 1% per annum
I: 2% per annum
Performance Fee
20%
High Water Mark
Yes. No reset.
Lock-up Period
None
Redemption Frequency
Monthly, on the last business day of each month, subject to 2 days prior notice
Early Redemption Fee
None