The document shows that a managed futures fund provided strong returns both during turbulent times and periods of growth in the stock market. Returns from the managed futures fund were not correlated with the S&P 500 index, as evidenced by returns being achieved in both up and down periods for the S&P 500. A chart compares the returns of the managed futures fund to the S&P 500 index over rolling 12-month periods, demonstrating returns were achieved regardless of the performance of the stock market.
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