Perspective - March 2011

Perspective March 2011 - Clustering Returns in February-

Fund returns were positive for the month of February 2011 due to rising confidence in the US and European economies. The average managed fund rose 1.5% during February 2011, and 5.2% in the last 3 months. Surprisingly 8 of the 12 managers produced returns of 1.6%, 1.7% or 1.8% with the remainder of the investment managers close behind.