About EBSAX
The Campbell Systematic Macro Fund Class A is a mutual fund classified within the macro trading category, managed by Campbell & Company Investment Adviser LLC. Its primary objective is to deliver capital appreciation over the medium to long term by leveraging the Campbell Systematic Macro Program. This program is designed to systematically identify pricing trends and develop macroeconomic and fundamental investment themes, typically focusing on asset mispricings across global markets.
The fund employs a diversified approach, allocating assets across multiple asset classes including equity index futures, fixed income futures, commodities, and foreign exchange. This diversification reaches across various time horizons—short, medium, and long term—aiming to reduce overall portfolio risk and drawdown potential. Notably, the fund’s return sources are intended to exhibit low correlation with traditional asset classes, such as equities, offering potential diversification benefits within a broader portfolio.
As a non-diversified portfolio under the Investment Company Act of 1940, it incorporates robust, tiered risk management processes at the portfolio, time horizon, and factor levels. The fund targets systematic returns through active management, which is reflected in its relatively higher expense ratio compared to its peers. Overall, this fund plays a distinctive role for investors seeking systematic macro strategies that aim for absolute returns and diversification away from traditional market risks.
Fund Family Campbell & Company
Category Macro Trading
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol EBSAX
Share Class Class A Shares
Index Index is not available on Lipper Database
EBSAX had a total return of -3.75% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.80%.
