Managed futures as an asset class are historically non-correlated to the stock and
bond markets over long term periods and
encompass a wide range of trading
strategies (generally taking long / short positions in futures contracts on equity indices, commodities, financials and currencies).
Not for newbie investors, closed - end funds
encompass a wide range of investment approaches that may be unfamiliar to the layman (they overlay stocks and
bonds with
strategies like dividend captures and covered calls).