The Ides of March came this year with some volatility. All eyes were on the banking crisis as the Fed effectively bailed out two notable US banks, and Credit Suisse was forced to merge with UBS. Bond volatility spiked considerably, hurting some strategies and providing an opportunity for others. Anyone still short bond prices took it on the chin while equities markets ended the month positive. Alternative funds were a mixed bag, with commodities diverging. (Anyone notice that Sugar is up over 40% in the past six months?) All that said, March was a good litmus test to see how diversified your alternative allocation is. Are you participating in smaller markets or mostly the big four asset classes?
| Name | Ticker | Month to Date | Year to Date | Assets Under Management |
|---|---|---|---|---|
| Hedged Equity | ||||
| Catalyst Buffered Shield Fund I | SHIIX | 2.41% | 3.20% | $41,414,681 |
| Rational Equity Armor Fund Instl | HDCTX | 1.12% | -2.37% | $55,902,818 |
| EAVOL NASDAQ-100 Volatil Overlay Risk A | CLPAX | 8.39% | 15.30% | $12,134,519 |
| Equities + Managed Futures | ||||
| Catalyst/Millburn Hedge Strategy I | MBXIX | -5.25% | -4.43% | $5,818,488,780 |
| Standpoint Multi-Asset Institutional | BLNDX | -0.15% | 1.68% | $577,458,882 |
| Active Fixed Income | ||||
| Catalyst Multi-Strategy I | ACXIX | -4.80% | -3.85% | $5,990,880 |
| All Weather / Multi-Strat | ||||
| Rational/ReSolve Adaptive Asset Allc I | RDMIX | -2.75% | -3.28% | $147,755,103 |
| Astor Macro Alternative I | GBLMX | -0.85% | -3.04% | $25,667,156 |
| Catalyst/Millburn Dynamic Cmdty Stgy I | DCXIX | 2.38% | -1.00% | $14,939,716 |
| Options | ||||
| Catalyst/Warrington Strategic Program A | CWXAX | 0.23% | 0.46% | $148,890,375 |
| AlphaCentric Premium Opportunity A | HMXAX | 1.31% | 3.76% | $89,206,054 |
| Rational Tactical Return Instl | HRSTX | 0.35% | 0.76% | $193,212,868 |
| Commodities | ||||
| SilverPepper Cmdty Strats Glb Macro Inst | SPCIX | -0.63% | -7.12% | $149,176,527 |
| Direxion Auspice Broad Commodity Strategy | COM (ETF) | 4.00% | 4.25% | $284,654,265 |
| SDCI USCF SummerHaven Dynamic Commodity | SDCI (ETF) | 0.14% | -5.11% | $8,624,829 |
| Managed Futures | ||||
| AXS Chesapeake Strategy I | EQCHX | -2.15% | -2.55% | $54,321,334 |