As fears about deteriorating economic fundamentals and the European debt crisis dogged the markets, many equity managers were down on the month. The median was off by 0.64%, taking year-to-date returns to 0.9%.
Berens Global Value Fund did well to post a gain of 1.26%, leaving three-month numbers at 0.31%, while Centennial Equity Opportunities was up 0.33% to put three-month figures at 2.23%. EnTrust Diversified Select was up 0.17% to put three-month figures at 1.55% and Prisma Long/Short Equity Portfolio was flat, leaving three-month numbers at 2.82%. SC Long/Short Equity was off by 0.12% to take three-month numbers