Invesco Managed Futures Strategy ETF (IMF)

The Invesco Managed Futures Strategy ETF is an actively managed fund from Invesco that follows a managed futures approach. It takes long and short positions in futures contracts across asset classes such as equity indexes, government bonds, currencies and commodities.

Managed futures strategies are typically trend-following, increasing exposure to markets that are moving up and taking short positions in markets that are declining. The fund aims to deliver returns that are not closely tied to traditional stock and bond markets, and it may invest through a subsidiary to hold commodity futures. Cash and short-term instruments are held as collateral for the futures positions.