actual managed futures.

RYMFX is an inverse managed fund is all.

Q: if you have a 'view' of the market(s) then why are you adding inverse instruments to a portfolio like this when the same can be accoumplished w/ virtually zero risk by using a straddle?

because there are several good strategies- not one. I prefer mine. I like clients to have lower risk and also keep it a bit simpler. To each his/her own.

I agree you’re adding negative risk to the portfolio whereas a straddfle would be zero (depends on strike, premiums, etc - zero would presume you bought/wrote at the same strike tho, which is an alternative to buying volatility, but thats another story). The other complication of course is that the managed fututres has a mgt fee of what, 1.5%. There’s also a lot of academic lit ‘proving’ man futs don’t yield very good results (on an asset class and risk adjusted basis)