About EVOAX
The Altegris Futures Evolution Strategy Fund Class A is a mutual fund designed to achieve long-term capital appreciation by employing a dual investment approach that combines managed futures strategies with actively managed fixed income assets. Its core purpose is to provide investors with diversified exposure across global asset classes, aiming for returns that are less correlated with traditional stock and bond markets. The fund allocates a substantial portion of its assets, typically 60–80%, to fixed income instruments, primarily through active strategies managed by third-party specialists. Simultaneously, it seeks to capture opportunities in global futures, options, swaps, and foreign exchange contracts by following systematic trend-following and price-momentum strategies, as well as other systematic and discretionary macro strategies. With significant use of derivatives and notional funding, the fund pursues both long and short positions to potentially benefit in various market conditions. This structure allows for broad diversification and aims to mitigate portfolio risk while maintaining exposure to market trends and interest rate movements. The fund's evolution-focused methodology and emphasis on active manager selection position it as a unique alternative investment vehicle in the systematic trend and managed futures category.
Fund Family Winton Capital Management Ltd.
Category Systematic Trend
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol EVOAX
Share Class Class A Funds
Index ICE BofA US 3-Month T Bill TR IX
EVOAX had a total return of 15.61% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.18%.
