I recently came across articles that discussed the use of futures as tools to add alpha to portfolios. It seems that major academic articles and the current practice of many large institutions supports the use of these financial instruments.
However, the use of these instruments are in many cases restricted to large funds with access to managers who can implement these strategies for them effectively.
Does adding RYMFX to a portfolio accomplish a similar objective to an otherwise diversified portfolio by adding to its alpha in a way similar to that of larger funds utilizing futures for overlay strategies?
Thanks
Mike