Ridgedale RMAC Index Plus Program Posts Its October 2023 Results
The RMAC Index Plus is a commodity beta index designed to track the Bloomberg Commodity Index (BCOM) with a tracking error target of 8-10%. RMAC Index Plus seeks to generate active returns by taking calculated risks around the benchmark through two distinct active and systematic approaches:
Convergent Portfolio: Combines value and carry factors through Ridgedale's Regime Switching Model and Backwardation Model to