- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Two Roads Shared Trust (Superfund) United States of America
- IPO Date
- Jan 6, 2014
- Business
- Superfund Managed Futures Strategy Fund Class I (SUPIX) is a mutual fund that employs a managed futures strategy to pursue positive absolute returns by principally investing in U.S. and international futures contracts, including those in emerging markets, across commodity, financial, currency, interest rate, bond, stock index, metals, energy, grains, and agricultural sectors; the fund takes long and short positions in these asset classes using fully automated proprietary computerized trading systems based on diversification, technical analysis, trend following, pattern recognition, volatility, momentum, counter-trend strategies, and money management, while also investing in derivative instruments such as futures, options, forward contracts, and swaps, fixed-income securities for income, margin, collateral, or liquidity, and potentially a subsidiary for commodity-linked derivatives.
Headquartered in the United States with administrative address in Orchard Park, New York, and affiliated with the Superfund Group founded in 1994 or 1995 in Vienna, Austria by Christian Baha, the fund operates globally through Superfund offices in Europe, Asia, and the U.S., including Vienna, Hong Kong, Tokyo, Zurich, and Chicago; it offers Class I shares (SUPIX) alongside Class A (SUPRX) and Class C (SUPFX) as part of Two Roads Shared Trust, targeting investors seeking low correlation to traditional stocks, bonds, or hedge funds via highly liquid, regulated futures markets worldwide.
In a significant recent development, the fund's Board of Trustees approved a Plan of Liquidation on the recommendation of adviser Superfund Advisors Inc., closing the fund to new investments as of December 19, 2023, ceasing pursuit of its investment objective, and fully liquidating its portfolio with pro rata cash distributions to shareholders on or about March 29, 2024; this operational change reflects strategic winds down amid market conditions, with no reported recent partnerships, funding rounds, acquisitions, or new product launches for the fund itself.