1	Understanding Professionally Managed Futures One of the faster Growing Investments Today!
2	CFTC RISK DISCLOSURE STATEMENT
3	Commodities: A Potentially Attractive Place to Be!
4	Amateurs vs. Professionals
5	Ability to Potentially Profit in Any Economic Environment A CTA managed futures account is one where a registered Commodity Trading Advisor (CTA) is given responsibility to make all trading decisions. This authority is delegated by the account holder to the CTA through a limited power of attorney which may be withdrawn at any time. CTAs are federally licensed and registered professional money managers who manage investor's assets using investments in the commodities markets just as a stock mutual fund manager would invest his client's assets in a variety of different stocks. You can use managed futures in a variety of qualified retirement plans including IRA's, trusts, and pensions. Commodity Trading Advisors (CTAs) can take advantage of price trends. They may buy futures positions in anticipation of a rising market or sell futures positions if they anticipate a falling market. For example, during periods of inflation, hard commodities such as gold, silver, oil, grains and livestock tend to trend higher. During deflationary times, futures provide an opportunity to profit by selling into a declining market with the expectation of buying, or closing out the position at a lower price. Our CTAs can also employ strategies involving options on futures contracts that allow for profit potential in flat or neutral markets. As one can see, unlike in stocks, CTAs have the potential to prosper in rising, falling or sideways markets. Bear in mind that the substantial risk of loss exists no matter who is managing your money, and that the potential exists in futures trading to lose more than your initial investment.
6	Take a Look at a Comparison Between Mutual Funds and Managed Futures.
7	One of Today’s Fastest Growing Investments!
8	Insight to Portfolio Diversification With practically a zero correlation with stocks, one of the most attractive features of managed futures is its ability to add diversification to an overall investment portfolio. The ability of futures to enhance the returns of traditional investments has been documented in a study conducted by Goldman Sachs. Covering a 25-year period, the study concluded that by "allocating only 10% of a securities portfolio to commodities, investors can vastly improve their performance." Goldman Sachs' conclusion concerning the value of commodities was supported by another study published by the Chicago Mercantile Exchange (CME), one of the world's preeminent futures exchanges. According to the CME study, "Portfolios with as much as 20% of assets in managed futures yielded up to 50% more than a portfolio of stocks and bonds alone.“ Please be advised that past performance is not indicative of future results. There are no guarantees that a client will achieve the same or similar results.
9	"The Chicago Board of Trade's..." The Chicago Board of Trade's booklet, “Managed Futures, Portfolio Diversification Opportunities”, shows a portfolio with the greatest risk and least returns comprised of 50% stocks, 50% bonds and 0% Managed Futures while a portfolio exhibiting the greatest returns and least risk, comprised 37.5% stocks, 37.5% bonds and 25% Managed Futures. Past performance is not indicative of future results. There are no guarantees that a client will achieve the same or similar results.
10	Managed Futures vs. Stocks
11	Managed Futures and Portfolios: A Provocative Statement
12	Are Managed Futures Riskier Than Stocks?
13	Academic Studies on Comparing the Risk in Stocks vs. Managed Futures
14	Tax Benefits of Managed Futures Managed Futures offers potential tax benefits versus stocks.
15	The Most Important Question We believe the most important question an investor should be asking himself is “What do I have in my portfolio that is non-correlated with stocks and can potentially capitalize in an up, down and sideways-moving stock market?” The research and facts overwhelmingly support the inclusion of managed futures in an overall investment portfolio. For many informed (and suitable) investors, there may not be a better way to properly diversify and help protect an overall stock portfolio than to incorporate professionally managed futures! Futures and options trading involves substantial risk of loss and is not suitable for all investors.
16	Can I Track the Performance of my Managed Account? Firstly, a complete accounting of all the activity in your account, including the account balance, can be seen 24 hours a day on Vision’s Web site. Secondly, you may call your managed futures specialist, who receives a daily equity run detailing all your open positions, netting all profits and losses, showing the exact daily balance in your account. Lastly, regardless of whether you call or not, a Purchase and Sale Statement will automatically be sent to your chosen mailing address on every single trade. The Purchase and Sale Statement shows the date and price entered, when you exit a trade, the date, price, net profit or loss on the trade and also your account balance.
17	Account Opening Documents To open up the standard account forms, please click on the link below. › Standard Account Forms (Adobe PDF, 689KB) For additional account forms please open up the following documents (Corporate, Partnership, Trust, etc…) › Supplemental Forms (Adobe PDF, 284KB)