Los Angeles/New York – July 26, 2024.
iM Global Partner (iMGP) is proud to announce that the iMGP DBi Managed Futures Strategy ETF (DBMF) has received an overall 5-Star Morningstar ratingTM out of 67 funds in the Morningstar US ETF Systematic Trend category as of June 30, 2024, coinciding with its 5th year anniversary.
Morningstar’s rating system evaluates funds based on their risk-adjusted returns relative to similar funds. ETFs that rank in the top 10% of their category peers receive a 5-star rating.
DBMF is a pioneer in pre-free hedge fund replication and has brought the diversification benefits of managed futures to a broader investor base. Since inception DBMF has outperformed and delivered superior risk-adjusted returns (Sharpe Ratio) against both the SG CTA Index and the Morningstar® category. This achievement is driven by its index-plus replication approach, which combines mitigation of single-manager risk with low fees.
As of July 17, 2024, DBMF has $1.1 billion in assets under management, making it the largest Managed Futures ETF.
DBMF seeks long-term capital appreciation by using a sophisticated multifactor model to replicate the pre-fee returns of the largest commodity trading advisor hedge funds. The fund invests in approximately 10 highly-liquid futures contracts and is rebalanced weekly.
“We are honored to be recognized by Morningstar with this 5-star rating.” said Andrew Beer, co-Portfolio Manager of DBMF. “Advisors who seek to differentiate and add value to investment portfolios see Alternatives as one way to help them do that. We believe that DBMF is a must-have within the Alternatives allocation of clients’ portfolios. This 5-star rating, coupled with our alpha-generation since inception, cements DBMF’s position as one of the most compelling Alternatives solutions in the market”.
Jeff Seeley, CEO of iMGP Fund Management adds “As we celebrate the 5th anniversary of DBMF (the first ETF iM Global Partner Fund Management launched in 2019), we are proud of our commitment to delivering unique investment strategies from our Partners. This recognition from Morningstar highlights the success we’ve achieved over the past five years with DBMF, and we are grateful to offer such a valuable solution to the market.”
About iM Global Partner
iM Global Partner is an asset manager with a difference. We are a dynamic network of specialist boutique investment managers, delivering solutions, across asset classes, to our discerning Institutional and Professional Investors across the globe. We are proud to call these businesses our Partners and they are the essence of what iM Global Partner stands for: uncovering what we believe to be the best, the very best investment talent. We had around USD $45 billion assets under management as of end June 2024.
For more information, visit imgp.com or follow us on LinkedIn.
About DBi
Co-founded by Andrew Beer and Mathias Mamou-Mani, DBi is a Greenwich, CT-based pioneer in pre-fee hedge fund replication. DBi currently manages over $2.8 billion of replication-based hedge fund strategies in ETFs, UCITS funds and mutual funds for clients in the US, Latin America, Europe and Asia. The firm publishes extensively on hedge funds, liquid alternatives, quant investing and related topics, and is widely cited in the press.
For more information, visit dbi.co or follow us on LinkedIn.
Media Contact
Jeff Seeley (Los Angeles)
(323) 238-4518
Roselle Mansur (Los Angeles)
(310) 615-5199
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