| Foreign-exchange funds gained 0.3 percent last month as a political impasse over the U.S. debt limit that led to a partial government shutdown affected returns, according to Parker Global Strategies LLC.
Among the 37 programs that reported results, performances ranged from a return of about 3.6 percent to a loss of 2.1 percent, the company said today in a statement. Twenty-one funds gained money and 16 reported a loss in October, when Federal Reserve officials maintained their $85 billion-a-month bond-buying program, known as quantitative easing, while signaling they may taper “in coming months.”..............................................Full Article: Source
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