Tue, May 14, 7:21 PM (245 days ago)
The Campbell Fund Trust's quarterly report for the period ending March 31, 2024, reveals a strong performance with a net income of $36.9 million, up from $20.4 million in the same quarter of 2023. Key highlights include: 1. **Revenue and Profit Margins**: The Trust reported a total net trading gain of $35.7 million, driven by futures trading gains of $32.5 million and swap trading gains of $7.4 million, partially offset by a loss in forward currency trading. 2. **Cash Flow**: The Trust's cash and cash equivalents increased significantly to $186.3 million from $163.4 million at the end of 2023, with positive net cash flows from operating activities amounting to $16.7 million. 3. **Performance Metrics**: The Trust saw returns of 7.31% for Series A, 7.43% for Series B, 7.63% for Series D, and 7.84% for Series W. These returns were primarily driven by gains in equity indices and interest rates, despite some losses in commodities and foreign exchange. 4. **Uncertainties and Future Impact**: The Trust highlighted potential market risks, including interest rate volatility and geopolitical developments, which could impact future performance. However, the Trust's diversified portfolio and active risk management strategies aim to mitigate these risks. Overall, the Campbell Fund Trust demonstrated robust financial health and effective management, positioning it well for future growth amidst market uncertainties.