Frontier Funds Removes Quest Index Exposure Across Seven Investment Portfolios

The strategic shift ends Frontier’s involvement with Quest Partners’ QFIT index via a Galaxy Plus feeder fund.

October 07, 2025

Coordinated Strategy Shift Across Frontier Fund Lineup

When market strategies change, investors need to know fast. On October 1, 2025, Frontier Fund Management, LLC removed exposure to the Quest Fixed Income Tracker Index Program (QFIT) from seven of its funds. The decision applies to the Frontier Balanced, Diversified, Heritage, Long/Short Commodity, Masters, Select, and Global Funds.

Until now, each fund accessed QFIT through an investment in the Galaxy Plus Fund – Quest FIT Feeder Fund (531) LLC. That fund served as the vehicle for tapping into QFIT, a strategy managed by Quest Partners that uses algorithmic models to trade across the fixed income landscape.

By cutting exposure to QFIT, Frontier is moving away from a rules-based, external fixed income strategy. This suggests a reallocation of capital—possibly toward internal strategies, traditional bond markets, or a new third-party approach. No specific replacement was named in the filing, but the change affects a broad segment of the Frontier product line.

Frontier’s funds have used QFIT as a way to capture systematic fixed income returns. That positioning likely helped diversify risk and complement other strategies already in place. With this move, Frontier appears to be consolidating or shifting how it approaches that exposure. It may reflect a revised view on how to balance return targets, volatility, and responsiveness to market shifts.

What This Means for Investors

The update was made official in a filing signed by Patrick F. Hart III, President and CEO of Frontier Fund Management. Each of the seven funds listed the same effective date and terms, signaling that the change was coordinated across the full product suite. This kind of uniform adjustment suggests a broader strategic pivot rather than a one-off correction.

For investors in these funds, the key takeaway is simple: QFIT is no longer part of the investment mix. What comes next will depend on how that capital is reassigned—and whether the funds seek out similar quantitative exposures, opt for more traditional strategies, or prioritize a different mix entirely.

As always, strategic shifts like this one are a reminder of how important it is to stay close to fund updates. Investors who rely on QFIT-like strategies may want to review their overall allocations and keep an eye on future disclosures from Frontier Fund Management.