Grant Park Fund July 2019 Update
August 20, 2019
Class | July ROR | YTD ROR | Net Asset Value | Net Asset Value per Unit |
A | 2.39% | 5.31% | $4.41M | $996.526 |
B | 2.34% | 4.98% | $45.47M | $805.512 |
Legacy 1 | 2.64% | 6.73% | $0.42M | $828.584 |
Legacy 2 | 2.56% | 6.44% | $0.35M | $805.060 |
Global 1 | 2.64% | 6.89% | $17.27M | $830.935 |
Global 2 | 2.61% | 6.81% | $0.75M | $810.957 |
Global 3 | 2.47% | 5.85% | $0.52M | $678.021 |
ALL PERFORMANCE REPORTED IS NET OF FEES AND EXPENSES
Sector Commentary
Overall Fund performance was positive, led by gains in the currencies, fixed income, equities and grains/foods sectors. Performance in the energies and metals sectors was negative.
Positive currency performance was led by positions in the British pound, U.S. dollar and Australian dollar. Fixed income performance was driven by positions in Italian government bonds, German bunds and short sterling. Positions in eurodollars offset some of the positive performance. Positive equity performance was driven by positions in the All Ordinaries, S&P 500, Nasdaq 100 and FTSE indices. Losses in the Hang Seng, Dax and MSCI EM indices offset some of the gains. In the grains/foods sector, positive performance was led by positions in soybeans and cotton.
The energies sector performance was negative, led by losses in natural gas, heating oil, gasoline blendstock and brent oil. Performance in the metals sector was negative, as positive performance from gold positions was offset by losses from positions in nickel, lead, aluminum and copper.
Additional Information: Grant Park no longer offers units for sale in connection with the prospectus that forms its registration statement on Form S-1 (Reg. No. 333-223480), which was initially filed with the Securities and Exchange Commission on July 13, 2018. For existing investors in Grant Park, business continues to be conducted as usual. There was no change in the trading, operations, or monthly statements, etc., and redemption requests continue to be offered on a monthly basis. For the Fund’s monthly Account Statement, including the net asset value per unit, and related information, please visit our website at grantparkfunds.com.
Sincerely,
David Kavanagh
President
Daily fund performance and weekly commentaries are available on our website at grantparkfunds.com.
PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS
FUTURES TRADING INVOLVES A HIGH DEGREE OF RISK AND IS NOT SUITABLE FOR ALL INVESTORS
THIS DOES NOT CONSTITUTE AN OFFER OF ANY SECURITY FOR SALE NOR SHALL THERE BE ANY SALE OF SECURITIES IN ANY JURISDICTION IN WHICH AN OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION OFFERING BY PROSPECTUS ONLY.
Account Statement
(Prepared from books without audit)