Note : "While managed futures can help enhance returns and reduce risk they can do just the opposite and result in further losses in a portfolio.Further, studies conducted on managed futures as a whole may not be indicative of the performance of any individual CTA and Limitations associated with managed futures indices include that investors cannot invest in the index itself. In addition, the index does not represent the entire universe of all CTAs and the actual rates of return may be significantly different and more volatile than those of the index".