The FS Managed Futures Fund-Class I (FMGFX) is a mutual fund that focuses on investing in futures contracts. This fund is managed by FS Investments and is designed for institutional investors. It aims to provide diversification and potential returns by investing in a variety of futures contracts, including commodities, currencies, and interest rates. The fund is classified as Class I, indicating that it has a lower expense ratio and is only available to certain types of investors. Overall, the FMGFX offers a unique investment opportunity for those looking to add futures contracts to their portfolio.