Summary

The Enduring Commodity Alpha strategy is a market-neutral, commodities-based long/short portfolio that utilizes a unique and proprietary value factor, in conjunction with carry and momentum metrics, to generate strong returns with manageable risk and drawdowns, and moreover essentially uncorrelated to other asset classes , including commodities, and strategies such as global macro or managed futures. The portfolio is rebalanced monthly by designating a set of “Unloved, Unleashed, or Unlimited” commodities, which are bought, and an offsetting set of “Loved, Leashed, or Limited” commodities, which are shorted.