Currency hedge funds reported an 0.11% loss in July, according to the Parker FX Index.

Parker said the median return for the month was 0.16%, ranging from a 3.41% gain to a 6.20% loss. The index was down 0.09% in July, excluding fees and interest. The index is up 2.26% year-to-date.

Looking at absolute returns, the top three funds for July were the Harmonic Global Fund-Currency Class, up 3.41%; the Portage Fund, up 3.23%; and John W. Henry & Co.-International Forex, up 2.38%.

Excluding interest and fees, the top three funds were the Lily Pond Currency Plus Program, up 1.96%; the Harmonic Global Fund-Currency Class, up 1.21%; and the Gain Mac 4x Program, up 1.11%.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.