Managed futures account

[4] Managed futures accounts may be traded using any number of strategies, the most common of which is trend following.

However, managed futures also allows investors to leverage their investment with the use of notional funding, which is the difference between the amount provided by the investor (funding level) and the mutually agreed upon amount to be traded (trading level).

[11] Managed futures have historically displayed very low correlations to traditional investments, such as stocks and bonds.

[14] In the United States, trading of futures contracts for agricultural commodities dates back to at least the 1850s.

[8] Managed futures accounts are regulated by the U.S. federal government, through the CTAs and CPOs advising the funds.

[8] The 2010 enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act led to increased regulation of the managed futures industry.

On January 26, 2011, the CFTC made additions and amendments to the regulation of CPOs and CTAs, including two new forms of data collection.

[18] On 17 April 2012, the United States Chamber of Commerce and the Investment Company Institute filed a lawsuit against the CFTC, aiming to overturn this change to rules that would require the operators of mutual funds investing in commodities to be registered.