The fund aims to generate positive returns through a quantitative trading strategy focused on capturing price trends in global financial markets and commodities. It invests in various instruments linked to interest rates, currencies, mortgages, credit, commodities, equity indices, and other related assets.

Nasdaq

PQTAX

The investment seeks positive, risk-adjusted returns, consistent with prudent investment management.  The fund seeks to achieve its investment objective by pursuing a quantitative trading strategy intended to capture the persistence of price trends (up and/or down) observed in global financial markets and commodities. It will invest under normal circumstances in derivative instruments linked to interest rates, currencies, mortgages, credit, commodities (including individual commodities and commodity indices), equity indices and volatility-related instruments.

PQTPX

The adviser allocates the fund's assets among four major asset classes (commodities, currencies, fixed income and equities). It gains exposure to asset classes by investing in more than 100 futures contracts, futures-related instruments, forwards and swaps, including, but not limited to, commodity futures, forwards and swaps; currencies, currency futures and forwards; equities, equity index futures, equity swaps and volatility futures; bond futures and swaps; interest rate futures and swaps and credit default index swaps.

QMHIX

Utilizing a quantitative and tactical approach, the fund implements an investment strategy that seeks to hold a diversified portfolio of securities, ETFs, open-end investment companies and/or closed-end investment companies within any of the following asset classes when, in the view of the Adviser, various risk measurements show the potential to produce positive returns: domestic and international small-cap equities; growth and income equities; preferred securities; convertible bonds; high yield bonds and leveraged loans; emerging market bonds; and REITs.

RWSIX

The advisor intends to invest in multiple proprietary and third-party investment strategies that seek to identify and profit from upcoming movements in any combination of global fixed income, currency, commodity, or equity markets. It will invest at least 80% of its net assets, plus any borrowings for investment purposes, in "managed futures." It also may invest up to 25% of its assets in municipal securities. The fund may invest up to 25% of its total assets in a wholly-owned and controlled Cayman Islands subsidiary as measured at the end of every quarter of its taxable year.

RYMTX

The fund uses a managed futures strategy and principally invests in U.S. and international, including emerging market, commodity and financial futures and foreign currency markets. It will typically have exposure to long and short positions across all four major asset classes (commodities, currencies, fixed income and equities), but at any one time the fund may emphasize certain asset classes or certain exposures within an asset class. The fund may enter into hedging transactions to seek to manage portfolio risk.

SUPIX

The investment seeks positive absolute returns. The fund seeks to achieve its investment objectives using two principal strategies, a Futures Strategy and a Fixed Income Strategy. To pursue its Futures Strategy, the advisor intends to invest up to 25% of its total assets in the Subsidiary. It generally invests between 70-95% of its assets pursuant to the Fixed Income Strategy and/or in cash and cash equivalents, although the fund reserves the right to invest up to 100% of its assets pursuant to the Fixed Income Strategy and/or in cash and cash equivalents.

Symbol	Full Name	Category	Inception	Expense Ratio	YTD Return	10Y Return (Annualized)	Dividend Yield
PQTAX	PIMCO TRENDS Managed Futures Strategy Fund Class A	Systematic Trend	Dec 31, 2013	1.81%	4.92%	5.00%	0.00%
PQTPX	PIMCO TRENDS Managed Futures Strategy Fund	Systematic Trend	Dec 30, 2013	1.51%	4.95%	5.01%	0.00%
QMHIX	AQR Managed Futures Strategy HV Fund	Systematic Trend	Jul 15, 2013	1.65%	20.28%	5.47%	6.37%
RWSIX	Redwood Systematic Macro Trend ("SMarT") Fund	Systematic Trend	Nov 1, 2017	1.30%	1.35%	—	10.21%
RYMTX	Guggenheim Managed Futures Strategy Fund	Systematic Trend	Mar 1, 2007	1.75%	6.62%	3.29%	0.96%
SUPIX	Superfund Managed Futures Strategy Fund	Systematic Trend	Dec 30, 2013	0.00%	0.03%	2.78%	1.95%
WAVIX	Longboard Managed Futures Strategy Fund	Systematic Trend	Jun 26, 2012	2.99%	7.64%	3.04%	5.53%

The Best Systematic Trend Mutual Funds

Risk vs. Return Scatterplot