MAR Trading Advisor index fund, the first index fund for managed...

MAR Trading Advisor index fund, the first index fund for managed futures, has opened to investors. It is a joint venture between Managed Account Reports and Sovereign Alternative Investment Management, which will be the general partner. Under the agreement, MAR will license its name and certain proprietary information to the fund, which will track the performance of the MAR Trading Advisor Qualified Universe index, which is a capitalization-weighted index tracking the performance of commodity trading advisers.