Wed, May 15, 3:06 PM (244 days ago)
Grant Park Futures Fund Limited Partnership reported a net asset value increase to approximately $32.9 million as of March 31, 2024, from $32.1 million at December 31, 2023. The Fund saw a positive return across all unit classes for Q1 2024, with Class A units up 9.27%, Class B units up 9.13%, and other classes ranging from 9.73% to 9.93%. This performance contrasts with Q1 2023, where all unit classes experienced negative returns. Trading gains were driven by significant performance in agriculturals, stock indices, and soft commodities, contributing to overall trading gains of 10.6%. This was partially offset by losses in interest rates and metals. Net trading gains totaled $3.44 million, up from a net loss of $1.99 million in Q1 2023. The Fund's expenses, including brokerage charges and incentive fees, totaled $573,251, resulting in a net investment loss of $434,018. The Fund's assets are highly liquid, with significant portions held in cash and U.S. Treasury securities. The Fund's risk management strategies include diversification and real-time monitoring of positions to mitigate market and credit risks. The report highlights the Fund's resilience and effective management amidst varying market conditions.