The Parker FX Index fell 0.58% in July. Of the 81 programs in the index, 26 posted a positive result and 45 suffered losses. On a risk-adjusted basis, the index was down 0.39%. The top three performing funds for the month of July, on a reported basis, were Overlay Asset Management High Frequency Program of Paris, which rose 8.52%; the Ketch Capital Management Tack Fund of Chicago, which gained 4.59%; and the Currency Insight Diversified Systematic FX Fund of London, which added 4.26%). The top three performers on a risk-adjusted basis were the Integra Investments FX2 Master Fund (+3.02%); the Ketch Capital Management Tack Fund (+2.80%); and the Overlay Asset Management High Frequency Program (+2.80%).