The Parker FX Index reported a 1.99% return in April. There are 81 currency programs in the index – 61 reported positive results. On a risk-adjusted basis, the index was up 0.62%, with the median return 0.87%. The performance of the various funds ranged between a 10.05% and –4.21%. The top three performing funds on a reported basis were the Appleton 25% Risk Program of Dublin, Ireland (+10.05%); the Putnam Investments Currency Fund of Boston, Massachusetts (+10.02%): and the John W Henry International Forex Program of Boca Raton, Florida (+9.80%).
The top three performers on a risk-adjusted basis were: the Putnam Investments Currency Fund (+8.65%): the Overlay Asset Management Single Hedge Currency Fund (+3.53%); and the Harmonic Global Currency Fund (+3.47%).