Wed, Sep 4, 7:18 PM (132 days ago)
The 10-K/A for Futures Portfolio Fund, Limited Partnership reports financial performance for the fiscal year ending December 31, 2022. The Fund's total assets were $153,867, with a net asset value of $151,824, reflecting a decrease from $172,438 in 2021. The Fund generated a net income of $13,715, compared to $10,669 in the previous year, driven by a net gain of $25,115 from trading activities. Operating expenses increased to $12,486, influenced by higher trading advisor fees. Class A units had a net asset value of $4,372.11, showing an increase of 8.05% for the year. Class B units returned 10.00%. The Fund's strategy involves speculative trading across sectors, with a focus on risk management through diversified trading advisors. Future outlook remains cautious due to market volatility and economic uncertainties, including the impact of COVID-19. The amendment primarily corrects missing language in the auditor's opinion. Risk factors include reliance on trading advisors, market volatility, and counterparty risks. The Fund continues to maintain a cautious liquidity position with no major changes in capital structure anticipated.