IASG CTA Index For August 2009 Need help with terms? Monthly Rankings Show ranking for: January February March April May June July August September October November December 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986 1985 1984 1983 1982 1981 1980 1979 1978 1977 Rank CTA/Program Aug 2009 Min Inv Inception 255 Schindler Capital Management, LLC Dairy Advantage Program -22.09 400k 8/1/2005 254 Clarke Capital Management Global Basic -15.51 50k 2/1/1996 253 Insch Capital Management SA Interbank Currency Program - 3X Leverage -11.19 100k 1/1/2000 252 Conquest Capital Group Conquest Macro -10.70 250k 5/1/1999 251 Beryl Investment Group LLC Nominal Discretionary System -9.60 50k 7/1/2007 250 Clarke Capital Management Global Magnum -8.55 100k 8/1/1997 249 Heyden & Steindl GmbH TOMAC2 -7.07 5,000k 3/1/2003 248 Clarke Capital Management Millennium -6.83 1,000k 1/1/1998 247 FRP CAPITAL LLC FRP125+ -6.80 125k 1/1/2010 246 Rosetta Capital Management Macro Program -6.79 50k 1/1/2009 245 Range Wise Investment Program -6.59 250k 2/1/1991 244 AIS Capital Management, L.P. MAAP (3x-6x) Composite -6.00 2,000k 7/1/1992 243 Di Tomasso Group Inc. Equilibrium Program -5.33 5,000k 1/1/2002 242 Alder Capital DAC Alder Global 20 -4.20 250k 2/1/2001 241 AIS Capital Management, L.P. MAAP (2x-4x) Composite -4.06 3,000k 10/1/1992 240 Blackheath Fund Management Inc. Blackheath Offshore Limited Class A -3.67 100k 3/1/2003 239 Gables Capital Management, Inc. GCM Global FX -3.28 1,000k 1/1/2009 238 Quantum Leap Capital Management Managed Account Program -3.26 300k 8/1/2006 237 Romanesco Capital Management B.V Persistence Program -3.18 5,000k 9/1/2005 236 Trigon Investment Advisors, LLC Foreign Exchange Program -3.02 5,000k 8/1/2000 235 SMILe Global Management Limited SMILe Managed Currency Account (JD Standard) -2.82 250k 1/1/2009 234 Pacific Capital Advisors Vanguard Program -2.79 100k 4/1/2007 233 Superfund Group Superfund Blue SPC Class A (Gold) -2.48 50k 12/1/2007 232 Witter & Lester, Inc. Stock Index Futures Trading Program -2.31 400k 1/1/1988 231 Alee Capital Management, LLC Poniente Program -2.26 2,500k 1/1/1999 230 Mobius Asset Management Energy Weighted Program -2.21 250k 1/1/2005 229 Clarke Capital Management Worldwide -2.03 250k 1/1/1996 228 Rotella Capital Management Rotella Polaris Program (Diversified) -1.96 10,000k 1/1/1991 227 Claughton Capital ARP Institutional Program -1.92 1,000k 10/1/2005 226 Estlander & Partners Global XL -1.92 5,000k 8/1/1991 225 M6 Capital Management LLC Standard Program -1.85 300k 7/1/2005 224 Mesirow Financial Investment Management, Inc. Apollo Absolute Return Strategy -1.82 10,000k 5/1/2009 223 Superfund Group Superfund Blue SPC Class A (EUR) -1.71 50k 4/1/2005 222 Alder Capital DAC Alder Global 10 -1.60 250k 10/1/2000 221 Shield Plus LLC Shield Plus Natural Gas -1.49 50k 1/1/2004 220 Trigon Investment Advisors, LLC Global Macro Program (LIQUIDATED as of July 31, 2017) -1.43 10,000k 1/1/2001 219 Strategic Ag Trading SAT GRAINS -1.27 100k 4/1/2002 218 Mark J. Walsh Company Standard Program -1.25 2,000k 9/1/1985 217 Conquest Capital Group Conquest Select -1.24 250k 6/1/2004 216 Altradis Capital AG AlphAlgo -1.19 100k 5/1/2007 215 Neural Capital Ltd Sentinel Trading Program -1.05 2,000k 1/1/2006 214 Parizek Capital Currency Program -1.00 1,000k 4/1/2006 213 Rhicon Currency Management Rhicon Systematic Currency Program -1.00 3,000k 1/1/2004 212 KMJ Investments KMJ Investments -0.98 1,000k 8/1/1994 211 Estlander & Partners Global Markets -0.94 10,000k 8/1/1999 210 Greenwave Capital Management Greenwave Flagship -0.91 10,000k 6/1/2008 209 AllMountain Capital AG Mount Denali Global Trends -0.76 160k 7/1/2007 208 Trigon Investment Advisors, LLC Discretionary Macro Program -0.75 10,000k 8/1/2007 207 Mesirow Financial Investment Management, Inc. Asian Markets Alpha Program -0.61 10,000k 2/1/2006 206 Cranwood Capital Management Fixed Income Arbitrage Fund -0.60 250k 4/1/2008 205 Cranwood Capital Management Cranwood International Fund -0.60 250k 4/1/2008 204 Robust Methods LLC Macro Managed Account -0.58 5,000k 1/1/2005 203 Rosetta Capital Management Rosetta Trading Program -0.58 100k 4/1/2000 202 IKOS The IKOS Hedge Fund -0.51 10,000k 7/1/1998 201 Silicon Valley Quantitative Advisors US Quantitative Portfolio (UQP) -0.50 200k 11/1/1999 200 Witter & Lester, Inc. Redstone -0.47 500k 9/1/1994 199 C-View Limited Currency Managed Account Program -0.47 5,000k 10/1/1996 198 Eclipse Capital Management Global Monetary -0.46 5,000k 8/1/1990 197 Hehmeyer Capital Management, LLC Commodity Capital - Grain & Oil Seeds Program -0.41 1,000k 1/1/2006 196 Quantmetrics Capital Management LLP Quantmetrics Multi Strategy Fund -0.39 1,000k 5/1/2006 195 PRIM' Alternative Investment PRIM Gold -0.37 10k 11/1/2005 194 Diamond Peak Capital LLC Northstar (2x) program -0.36 250k 10/1/2008 193 Mesirow Financial Investment Management, Inc. Emerging Markets Currency Alpha Programme -0.28 10,000k 2/1/2008 192 John Locke Investments JL Commodity Long Flat Program -0.26 5,000k 12/1/2007 191 Future Trade AG Thales Swing Trading Programme -0.22 250k 6/1/2007 190 Rhicon Currency Management Rhicon Strategic Program -0.22 500k 1/1/2004 189 Greenwave Capital Management Greenwave Flaghship (Futures Only) -0.14 10,000k 7/1/2008 188 Amplitude Capital International Limited Dynamic Strategy -0.07 6/1/2005 180 Kaiser Trading Group Kaiser Global Diversified Program - Class B 0.00 1,000k 3/1/1998 182 JLC Futures Management Company JLC Managed Futures Fund I, LP. 0.00 100k 8/1/2009 181 IDS Capital IDS F&F Systematic Trading 0.00 50k 7/1/2013 184 SCT Capital Management The Adaptive Quant Trading (AQT) Program 0.00 10,000k 8/1/2009 183 AIS Capital Management, L.P. Frontera Global Opportunity Program (futures only) 0.00 10,000k 8/1/2009 186 Sequent Capital Sequent CTA - Fundamental Diversified (V12) 0.00 5,000k 1/1/2005 185 Coloma Capital Futures(r), LLC ColoCap Commodities Partners, LP 0.00 25k 8/1/2009 187 Pinstripe Trading, LLC Standard 0.00 125k 8/1/2009 179 Clarke Capital Management FX Plus 0.01 1,000k 5/1/2004 178 John Locke Investments Cyril Systematic Program 0.02 8,000k 7/1/2000 177 Emil van Essen Spread Trading Program 0.06 5,000k 12/1/2006 176 Mobius Asset Management Custom Trading Program 0.08 100k 1/1/2002 175 Transtrend B.V. DTP – Standard Risk (EUR) 0.09 10,000k 2/1/1999 174 Quantmetrics Capital Management LLP Directional 10V Strategy 0.11 10,000k 1/1/2007 173 Four Seasons Commodities Corp Lone Star Program 0.14 300k 1/1/2005 172 Quantmetrics Capital Management LLP Premier 12V Strategy 0.15 10,000k 4/1/2003 171 Transtrend B.V. DTP – Enhanced Risk (EUR) 0.21 10,000k 8/1/1999 170 Jaguar Investments Ltd Vario Capital Strategy 0.21 1,000k 5/1/2016 169 Midwest Trading Partners, LLC Micro-Arbitrage Program (MAP) 0.22 1,000k 1/1/2005 168 Transtrend B.V. DTP – Enhanced Risk (USD) 0.23 10,000k 1/1/1995 167 Transtrend B.V. DTP – Enhanced Risk (JPY) 0.23 10,000k 8/1/2004 166 Kaiser Trading Group Kaiser Trading Fund 2X SPC - Share Class B 0.25 1,000k 10/1/2006 165 Rotella Capital Management Rotella Orion (Short-Term) Program 0.31 10,000k 3/1/2006 164 Winton Capital Management Diversified 0.32 50,000k 10/1/1997 163 Tyche Capital Advisors LLC TCA Energy Spreads 0.37 100k 8/1/2008 162 Warrington Asset Management Warrington Strategic Program 0.42 50k 1/1/1997 161 SEB Asset Management SEB Asset Selection Fund C (EUR) 0.43 1k 10/1/2006 160 Eckhardt Trading Company Evolution Strategies 1.2X 0.47 10,000k 10/1/1991 159 A-VENTURE CAPITAL S.A A-VENTURE CAPITAL S.A Euros signals 0.48 50k 10/1/2007 158 Eckhardt Trading Company Evolution Strategies 0.48 20,000k 8/1/1991 157 Capricorn Strategies Limited Capricorn fxST (Lev1) 0.51 1,000k 1/1/1999 156 Lynx Asset Management AB Lynx Program 0.51 75k 5/1/2000 155 Mesirow Financial Investment Management, Inc. Extended Markets Alpha Program 0.53 10,000k 4/1/2004 154 Quantica Capital AG Quantica Diversified FX 0.61 5,000k 3/1/2007 153 Southwest Managed Investments, LLC Global Diversified 0.62 200k 1/1/2002 152 Mondiale Asset Management Mondiale Trading Program 0.62 0k 9/1/1997 151 Gladius Asset Management Fulham Program 0.65 2,000k 1/1/2008 150 Esulep LLC MAX Esulep LLC MAX 0.67 500k 5/1/2008 149 Manning & Napier MN Xenon Global Fixed Income Program 0.68 2,000k 8/1/2004 148 Mobius Asset Management Diversified Program 0.70 250k 3/1/2004 147 Quantitative Investment Management Quantitative Global Program 0.70 20,000k 10/1/2003 146 Blackwater Capital Management Global Program 0.74 5,000k 7/1/2005 145 Auspice Capital Advisors Ltd Auspice Diversified Program 0.75 1,500k 4/1/2006 144 Four Seasons Commodities Corp Hawkeye Spread Program 0.76 500k 3/1/2005 143 Ion Asset Architecture (Fund Program) Ion Fund 0.81 100k 11/1/2007 142 Ion Asset Architecture Ion Fund Program 0.81 10,000k 11/1/2007 141 Systematic Alpha Management Systematic Alpha Futures Program 0.89 100k 6/1/2004 140 Haar Capital Management Discretionary Commodity Trading Program 0.90 250k 12/1/2005 139 Commodity Strategies AG CSAG Active Long Short Commodity Program 0.91 5,000k 10/1/2007 138 Briarwood Capital Management, Inc. Diversified Trading Program 0.93 3,000k 7/1/2001 137 Clarke Capital Management Jupiter 0.93 3,000k 5/1/2005 136 Red Oak Commodity Advisors Investment Program 0.97 5,000k 12/1/1989 135 QCAM Currency Asset Management AG QCAM v-Pro 1.00 1,000k 7/1/2007 134 Quantica Capital AG Quantica Managed Futures 1.03 5,000k 1/1/2005 133 Kelly Angle Inc. Genesis Program 1.05 2,000k 4/1/2000 132 Molinero Capital Management LLP Global Markets Program 1.08 2,000k 7/1/2005 131 Superfund Group Superfund Green Gold L.P. Series A-1 1.09 5k 4/1/2009 130 Dominion Capital Sapphire Program 1.20 3,000k 5/1/2005 129 Seven Capital Management Seven Absolute Return 1.22 100k 6/1/2009 128 Welton Investment Partners Welton Global 1.27 10,000k 6/1/2004 127 Rho Asset Management Rho Altius 1XL Program 1.28 5,000k 11/1/2007 126 Quantis Asset Management Ulysses Futures 1.30 1,000k 7/1/2009 125 Crabel Capital Management Crabel Multi-Product 1.34 1,000k 3/1/1998 124 Salus Alpha Capital Ltd Salus Alpha Directional Markets (DMX) 1.35 1,000k 3/1/2003 123 Hawksbill Capital Management Global Diversified 1.35 5,000k 11/1/1988 122 Vergho Asset Management LLC Kinematics 1.36 1,000k 11/1/2008 121 Manning & Napier MN Xenon Managed Futures (2x) Program 1.37 5,000k 6/1/2006 120 GLOBIVEST LLC Alpha Program 1.40 50k 4/1/2009 119 Cardwell Investment Technologies Cardwell Investment Technologies 1x Program 1.42 4,000k 11/1/2008 118 White River Group Stock Index Option Writing Strategy 1.42 10k 11/1/2008 117 Emil van Essen EvE Systematic Global Opportunities 1.43 1,000k 9/1/2007 116 Hyman Beck and Company Global Portfolio 1.44 1,000k 3/1/1991 115 HB Capital Management Inc. Diversified Program 1.46 50k 3/1/2008 114 Abraham Trading Company Diversified Program 1.48 10,000k 1/1/1988 113 Millburn Ridgefield Corporation Diversified Program 1.56 20,000k 2/1/1977 112 IKOS IKOS FX Fund 1.57 1,000k 3/1/2008 111 Parizek Capital Futures Trading Program 1.60 500k 4/1/2000 110 GT CAPITAL CTA GT CAPITAL CTA 1.62 150k 6/1/2009 109 ITB Capital Management, LLC ITB Premium Fund I, LTD 1.69 1,000k 1/1/2006 108 Liberty Funds Group, Inc Liberty Wealth Protection Strategy (1X) 1.69 1,500k 1/1/2009 107 W.G. Wealth Guardian Ltd. SAFI2 Program (SAFI2) 1.79 1,000k 9/1/1997 106 MERIT Alternative Investments GmbH Futures Portfolio 1.79 2,000k 6/1/1998 105 FORT LP Fort Global Diversified 1.82 2,000k 10/1/1993 104 LJM Partners LJM Preservation & Growth Strategy 1.91 250k 5/1/2006 103 Global Domain Partners, LLC Global Domain Vector Fund - Series A 1.93 500k 1/1/2006 102 RAM Management Group RAM MRTP 1X-Conservative 2.02 1,000k 9/1/1993 101 Saxon Investment Corporation Diversified Program 2.09 3,000k 9/1/1988 100 Crescent Bay Capital Management Premium Stock Index Program 2.15 10k 10/1/2005 99 Northfield Trading Diversified 2.19 2,000k 7/1/1989 98 Auctos Capital Management Auctos Global Diversified 2.19 3,000k 11/1/2007 97 Millburn Ridgefield Corporation Multi-Markets Program 2.27 25,000k 10/1/2004 96 Kottke Associates Lark - Cattle Program 2.39 500k 2/1/2008 95 Endeavour Capital LLP Endeavour Pembroke 2.39 2,000k 7/1/2007 94 Millburn Ridgefield Corporation Commodity Program 2.44 25,000k 3/1/2005 93 Alee Capital Management, LLC Mistral Program 2.45 2,500k 1/1/1999 92 White River Group Diversified Option Writing Strategy 2.49 20k 11/1/2008 91 Sunrise Capital Partners Sunrise Expanded Diversified Program 2.49 1/1/1989 90 EMC Capital Advisors, LLC Classic 2.50 5,000k 1/1/1985 89 Xplor Capital Management, LLC Global CTA Program 2.53 1,500k 7/1/2004 88 ITB Capital Management, LLC ITB Capital Income Fund I, LTD 2.57 200k 1/1/2007 87 Rabar Market Research Diversified Program 2.58 2,000k 1/1/1989 86 OptHedge Advisors LLC Diversified Options & Futures Program 2.59 250k 10/1/2008 85 Strategic Ag Trading Chatham 2.61 100k 1/1/2005 84 Strategic Capital Advisors LLC Contrarian 500 2.67 500k 12/1/2003 83 Drury Capital Diversified Trend-Following Program 2.67 5,000k 5/1/1997 82 Revolution Capital Management Alpha Fund 2.68 50k 1/1/2005 81 Ansbacher Investment Management Market Neutral Put Skew Program 2.73 250k 1/1/1996 80 LJM Partners LJM Moderately Aggressive Strategy 2.76 500k 4/1/2003 79 Futures Truth Company, FTC-CTA MS4 2.83 250k 10/1/2007 78 FORT LP Fort Global Contrarian 2.85 2,000k 10/1/2002 77 ReSolve Asset Management Inc. Resolve Acorn Diversified Program 2.89 10k 7/1/2005 76 NuWave Investment Management, LLC NuWave Investment Partners LP 3.04 250k 6/1/2001 75 NuWave Investment Management, LLC Combined Futures Portfolio 3.10 5,000k 6/1/2001 74 DUNN Capital Management World Monetary and Agriculture Program (WMA) 3.16 100k 11/1/1984 73 Superfund Group Superfund Green Gold A (SPC) 3.17 5k 10/1/2005 72 Revolution Capital Management Alpha Program 3.20 5,000k 6/1/2007 71 Typhon Capital Management, LLC Plutus Grain Strategy 3.49 250k 4/1/2008 70 Superfund Group Superfund Green L.P. Series A 3.52 5k 10/1/2002 69 Rivoli Fund Management Rivoli International Fund (V9) 3.54 5,000k 1/1/2002 68 Superfund Group Superfund Green Q-AG 3.61 2k 3/1/1996 67 Wimmer Horizon LLP Managed Account 3.64 5,000k 5/1/2005 66 Saxon Investment Corporation Aggressive Diversified Program 3.66 2,000k 11/1/1993 65 M.S. Capital Management Global Diversified Program 3.66 2,000k 11/1/1998 64 Ancile Capital Management Global Markets Program 3.69 2,000k 4/1/2005 63 Ramsey Quantitative Systems Inc RQSI Systematic Global Macro Fund 3.72 5,000k 11/1/2012 62 AIMhedge Management Ltd. AIM Classic Fund EUR (Institutional) 3.76 100k 1/1/2005 61 Crabel Capital Management WPD Crabel Futures Program 3.77 1,000k 7/1/2008 60 QQFund.com QQFund.com Alpha Beta Program 3.87 100k 9/1/2008 59 Estlander & Partners Alpha Trend 3.99 30,000k 10/1/1991 58 ITB Capital Advisors LLC ITB Time Value Trading Program 4.18 5,000k 1/1/2009 57 Global Domain Partners, LLC Global Domain Vector Fund - Series Sigma 4.33 500k 4/1/2009 56 Wavefront Global Asset Management IMFC Global Investment Program 4.39 2,000k 2/1/2007 55 ISAM ISAM Systematic Trend Fund 4.40 1,000k 6/1/2001 54 Red Rock Capital, LLC Systematic Global Macro 4.41 500k 9/1/2003 53 Global Bayesian Dynamics, LLC BOND&FX Client Composite 4.65 5,000k 3/1/2009 52 Chesapeake Capital Diversified (LV) 4.80 100k 2/1/1988 51 Superfund Group Superfund Green Gold L.P. Series B-1 4.84 5k 4/1/2009 50 Briarwood Capital Management, Inc. Diversified 2XL 4.91 250k 11/1/2004 49 QCM Global Diversified Programme 4.95 500k 12/1/1995 48 Arcanum Asset Management Equity Index Option Program (Prop) 5.00 500k 7/1/2006 47 DUNN Capital Management D'Best Futures Fund, L.P. 5.03 100k 6/1/1994 46 Strategic Ag Trading SAT HEARTLAND 5.18 100k 12/1/2008 45 Non Correlated Capital Positive Theta Program 5.22 250k 10/1/2007 44 Global AG LLC Global Ag LLC 5.23 1,000k 12/1/2008 43 Somers Brothers Capital Diversified Futures Program #1 5.23 100k 1/1/2005 42 Spectrum Asset Management LLC Global Diversified 5.28 2,000k 1/1/2001 41 Superfund Group Superfund Green GCT USD 5.41 15k 1/1/2000 40 Cauldron Investments, LLC Stock Index Plus 5.51 1,000k 10/1/2009 39 Superfund Group Superfund Green Master 5.55 2,000k 5/1/2001 38 Rivoli Fund Management Rivoli International Fund (E) 5.57 5,000k 10/1/1996 37 Superfund Group Superfund Green L.P. Series B 5.62 5k 10/1/2002 36 LJM Partners LJM Aggressive Strategy 5.62 500k 7/1/1998 35 SMN Investment Services GmbH smn Diversified Futures Fund (1996) 5.65 0k 11/1/1996 34 Superfund Group Superfund Green Gold B (SPC) 5.65 50k 10/1/2005 33 Liberty Funds Group, Inc Liberty Diversified Option Strategy 5.66 750k 1/1/2009 32 Robinson-Langley Capital Management, LLC Managed Account Program 5.82 200k 1/1/2007 31 Paramount Capital Management LLC Commodity Trading Program 5.88 100k 7/1/2008 30 Dreiss Research Corporation Diversified Program 5.94 1,000k 5/1/1991 29 TRYCON G.C.M. AG TRYCON CI Global Futures Fund HAIG, Class BI 5.95 75k 6/1/2007 28 Kinkopf Capital Management KCM S&P (Proprietary) 5.98 100k 1/1/1999 27 Superfund Group Superfund Green Gold C (SPC) 6.23 100k 10/1/2005 26 Bluenose Capital Management, LLC BNC BI 6.39 30k 10/1/2008 25 Keck Capital Management LLC The Keck Program 6.49 2,000k 12/1/2003 24 RAM Management Group MRTP Aggressive 6.52 1,000k 2/1/1998 23 White Indian Trading Co. STAIRS - Futures Program (Client) 6.53 250k 10/1/2008 22 Covenant Capital Management Original Program 6.65 5,000k 9/1/1999 21 Non Correlated Capital Positive Theta Fund 6.74 50k 10/1/2007 20 Tanyard Creek Capital Livestock Program 7.04 200k 6/1/2008 19 DUNN Capital Management DUNN Combined Fund (DCF) 7.61 100k 5/1/1989 18 White Indian Trading Co. STAIRS (Client) 7.72 250k 5/1/2009 17 Dendrich Ltd QEP 7.76 50k 12/1/2005 16 Third Street Ag Investments, LLC Fundamental Discretionary Ag 7.89 500k 8/1/2012 15 Insignia Managed Capital Epoch3 7.99 20k 7/1/2009 14 HiProb Trading Technology LLC HiProb-I 9.20 5,000k 7/1/2008 13 Purple Valley Capital, Inc. Diversified Trend 1 9.35 100k 8/1/2008 12 Revolution Capital Management Mosaic Program 9.49 10,000k 10/1/2006 11 HPX Financial LLC HPX Old School Program 9.56 200k 6/1/2006 10 Covenant Capital Management Aggressive Program 10.02 3,000k 2/1/2004 9 Tactical Investment Management Tactical Institutional Commodity Program 10.29 10,000k 4/1/1993 8 Cypress Energy Capital Management, LP Cypress Energy, LP 10.30 50k 7/1/2008 7 Mulvaney Capital Management The Mulvaney Global Markets Fund 10.85 100k 5/1/1999 6 Wavefront Global Asset Management IMFC Global Concentrated 11.62 500k 4/1/2009 5 Novus Investments, LLC Novus Precious Commodities 13.26 200k 1/1/2007 4 Estlander & Partners Alpha Trend II - Class P 14.08 100k 12/1/2008 3 Bluenose Capital Management, LLC BNC EI 15.63 15k 7/1/2010 2 Kottke Associates Stockton Fundamental Ag 25.73 500k 1/1/2006 1 Insignia Managed Capital Medallion 28.88 50k 2/1/2009 Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial. IASG indexes are generated daily based on CTA manager supplied sector focus, investment strategy and performance. To participate in the IASG index, a program must have a minimum track record of 3 year's performance. Other indexes require a minimum two year track record. Strategy based indexes require the program's composition be more than 50% of the specific strategy. It is not possible for an investor to invest in any of the IASG indexes.