9-22-2025 In our previous white paper, Modern Alternatives, we outlined why long/short ETFs may replace hedge funds. This paper builds on that foundation, showing why The Future Fund Long/Short ETF (FFLS) is positioned to lead this next wave of ETF growth.
6.26.2025 In this video interview, Gary Black, Managing Partner, talks with Advisory Board member, J. Philip Clark. They discuss the investment process developed by The Future Fund LLC for its ETFs.
6.26.2025 Gary Black discusses the rationale for why he and David Kalis, both managing partners, founded The Future Fund LLC in 2021 in this video interview with J. Philip Clark, who serves on the firm's Advisory Board.
5-6-2025 Executive Summary
The investment landscape may be ready for a seismic shift. For decades, long/short hedge funds offered investors sophisticated strategies with the potential for alpha generation in both rising and falling markets. However, these benefits often come at a steep cost: high fees, limited transparency, illiquidity, and onerous lock-up periods.
In response, a new vehicle emerged - the long/short ETF - that combines a strategy previously available only to institutional investors with the accessibility and efficiency of the ETF wrapper. This paper explores the reasons we believe long/short ETFs will quickly become the preferred vehicle for sophisticated investors.
Megatrends have been changing the way people live for hundreds or even thousands of years.