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