Macro Factor
Macro strategy hedge funds are typically highly diversified, using a combination of investment strategies in their portfolios and offer exposure to a variety of asset classes. Macro fund types include commodity trading advisor (CTA), discretionary, and systemic funds.
CTA funds employ a number of investment strategies, using trend following and price based models to build its portfolio. Systematic funds have little or no influence of individuals over the portfolios position, mainly relying on mathematical and algorithmic analysis. Discretionary funds are reliant on the evaluation of market data, relationships, and influences as they pertain to the broader market. Discretionary positions are typically based on the evolution of investment themes the manager expects to materialize over a relevant time frame.
For more information on Macro Factor strategies, please contact INDICES@HFR.COM
Examples of HFR Indices that employ Macro Factor strategies are listed below:
| Monthly Performance | |||||||
|---|---|---|---|---|---|---|---|
| Favorites Status | Index Name | ROR (%) | Index Value | YTD (%) | Last 12M (%) | Last 36M (ann %) | Last 60M (ann %) |
| HFRI 500 Macro Index | -0.22 | Value blurred out. | -0.40 | -4.10 | Value blurred out. | Value blurred out. | |
| HFRI 500 Macro: Multi-Strategy Index | 0.34 | Value blurred out. | 2.41 | 5.67 | Value blurred out. | Value blurred out. | |
| HFRX Macro/CTA Index | -1.33 | Value blurred out. | -0.84 | -2.80 | Value blurred out. | Value blurred out. | |
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