CURRENCY

Feb 13 2020

Best Multicurrency Mutual Funds #rate #of #foreign #exchange #for #today



#forex fund

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Multicurrency

#1 in Multicurrency

The investment seeks current income and capital appreciation. The fund pursues its investment objective by investing primarily in fixed-income securities, primarily with short-term maturities, issued by governments and governmental agencies of developed countries, including the United States, as well as other countries with sound economic and financial systems. The fund's managers consider developed countries to be those represented in the MSCI World Index. The MSCI World Index is a free float-adjusted, market capitalization weighted index that is designed to measure the equity market performance of developed markets. It is non-diversified. more

2.76% Returns (1-yr) 1.35 Expense Ratio $60.50M Total Assets

The investment seeks to seek total return through investments that create exposure to global currencies. The fund normally invests at least 80% of its net assets in securities and investments that create exposure to currencies of any country, including debt obligations of any maturity, money market instruments, cash deposits and derivative instruments. Under normal market conditions, it invests its assets in instruments that create exposure to currencies of at least three different countries (including the United States). The fund is non-diversified. more

2.19% Returns (1-yr) 1.28 Expense Ratio $66.39M Total Assets

The investment seeks high total return. The fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in instruments that provide investment exposure to the currencies of, and in fixed income instruments denominated in the currencies of, emerging market countries at the time of purchase. The fund's manager considers an emerging market country to be any non-U.S. country, excluding those countries that have been classified by the World Bank as high-income member countries of the Organisation for Economic Co-operation and Development for the past five consecutive years. It is non-diversified. more

9.31% Returns (1-yr) 0.98 Expense Ratio $440.88M Total Assets

The investment seeks positive absolute return. The fund normally invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in short-duration debt obligations (or securities that invest in such debt obligations, including an affiliated money market fund) and forward foreign currency contracts. In pursuit of the fund's objective, to provide absolute return, the adviser seeks to generate positive total returns from the income produced by the short-term debt obligations, plus (minus) the gain (loss) resulting from fluctuations in the values of various foreign currencies relative to the U.S. dollar. more

14.98% Returns (1-yr) 1.75 Expense Ratio $68.20M Total Assets

The investment seeks maximum total return, consistent with preservation of capital and prudent investment management. The fund invests at least 80% of its assets in currencies of, or in Fixed Income Instruments denominated in the currencies of, emerging market countries. The fund's investments in currencies or Fixed Income Instruments may be represented by forwards or derivatives such as options, futures contracts or swap agreements. It may invest in the currencies and Fixed Income Instruments of emerging market countries. more

8.57% Returns (1-yr) 1.25 Expense Ratio $3.55B Total Assets

The investment seeks to generate positive absolute returns by investing in securities and instruments that create exposure to currencies. Under normal market conditions, the fund invests at least 80% of the value of its net assets (plus borrowings for investment purposes) in money market instruments and high quality debt securities denominated in a currency to which the fund seeks exposure or in a combination of U.S. dollar denominated securities and forward currency contracts that expose the fund to such currencies. Over time, the fund seeks to generate more gains from securities than derivatives. more

5.24% Returns (1-yr) 1.30 Expense Ratio $37.38M Total Assets

The investment seeks to generate positive returns with limited drawdowns over full market cycles and to provide investors with the diversification benefits of currencies as an asset class through investments in currencies that are associated with strong nations. Under normal market conditions, the fund invests at least 80% of the value of its net assets (plus borrowings for investment purposes) in securities that expose the fund to currencies of "STRONG nations". It normally invests in short maturity sovereign bonds, provincial bonds, obligations of multilateral institutions and forward currency contracts. The fund is non-diversified. more

3.97% Returns (1-yr) 1.03 Expense Ratio $79.18M Total Assets

The investment seeks to achieve absolute return from investments in currency markets. Under normal market conditions, at least 80% of the value of the fund's net assets, including borrowings for investment purposes, if any, will be exposed to currency through currency forwards and other currency transactions, such as spot currency transactions and currency options. The fund's assets that are not used to purchase currency forwards and other currency instruments will be invested in investment-grade debt securities with maturities of one year or less. more

6.07% Returns (1-yr) 1.35 Expense Ratio $1.10B Total Assets

The investment seeks daily investment results that correspond to the daily performance of the basket of currencies included in the U.S. Dollar Index. The fund invests in derivatives that the adviser believes, in combination, should have similar daily return characteristics as the daily return of the benchmark. The index measures the performance of the U.S. Dollar against the performance of a basket of six major world currencies. The fund is non-diversified. more

1.56% Returns (1-yr) 1.78 Expense Ratio $6.28M Total Assets

The investment seeks daily investment results that correspond to the inverse of the daily performance of the basket of currencies included in the U.S. Dollar Index. The fund invests in derivatives that ProFund Advisors believes, in combination, should have similar daily return characteristics as the inverse (-1x) of the daily return of the Benchmark. The derivatives that the fund will principally invest in are set forth below. Cash balances arising from the use of derivatives will typically be held in money market instruments. It is non-diversified. more

2.37% Returns (1-yr) 1.52 Expense Ratio $34.53M Total Assets



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