GLOBAL PROPRIETARY FUTURES FUND
Global Proprietary Futures Fund will go long and short various commodity, currency, stock index and bond index futures in an effort to create a steady total return on our capital.
Futures are financial contracts obligating the buyer to purchase an asset or the seller to sell an asset, such as a physical commodity or a financial instrument, at a predetermined future date and price.
In finance, a futures contract is a standardized forward contract, a legal agreement to buy or sell something at a predetermined price at a specified time in the future, between parties not known to each other. The asset transacted is usually a commodity or financial instrument.