The only conversation in the markets in June was Greece. We talked about its influence on the German Dax here, and how we should have all seen this coming here. Most of the Managed Futures industry was short bonds, long stocks, and short foreign currencies; all of which were either choppy or down on the month. Put that together and the average of the four managed futures indices we track experienced its worst loss in 2015 {past performance is not necessarily indicative of future results}.

Meanwhile, Grains experienced quite a jolt the last days of June. As we enter July, the managers that can access the grain markets, have gone long corn, soybeans, and canola oil.

(Disclaimer: Past performance is not necessarily indicative of future results)
(Barclayhedge CTA Index: 46% of funds reporting)

P.S. –Attain’s Family of Alternative Funds performance will be posted shortly. To get the monthly performance and research updates on the family of funds, sign up here.