Longboard Managed Futures Strategy Fund Cl I (WAVIX)

The Longboard Managed Futures Strategy Fund (WAVIX) is a mutual fund that aims to provide investors with exposure to the managed futures market. This fund is classified as Class I, indicating that it is designed for institutional investors and has a lower expense ratio compared to other classes. Managed futures involve trading in futures contracts across various asset classes, such as commodities, currencies, and equities, with the goal of generating positive returns regardless of market direction. The fund is managed by Longboard Asset Management, a firm with a track record of utilizing quantitative strategies to navigate the complex futures market. Investors in this fund can potentially benefit from diversification and the potential for uncorrelated returns to traditional investments.