Longboard Asset Management has rolled its out managed futures mutual fund, reports Opalesque.

The fund is managed by Cole Wilcox and Eric Crittenden, according to the article.

MFWire.com reported in June on Longboard's preparations for launching the fund, which at the time Wilcox said was designed to "capture big waves."

In the Opalesque article, Wilcox says that "We find that a relatively small number of massive top and bottom performance is ultimately responsible for the aggregate results.

"What we found doing this trend following research in equities is an amazing statistic. The best 5% performing stocks, in any given year, are responsible for a large portion of market gain," he added.

Read more about the fund in the reports Opalesque. 

Edited by: HFD


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