The Market Barometer remained normal. Broad markets declined with the average US active equity fund underperforming, while the average International active equity fund outperformed. The average US active equity fund generated a -2.6% return, while the average International active equity fund generated a -1.4% return for the month. Risk was the best Strategy with a -1.3% return in the US market and -0.1% in the International market for the month. Risk moved up significantly in the one year International ranking.

Download the full report: Athena Perspectives – August 2011