Franklin Templeton Hard Currency Fund

Scorecard
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Lipper
2 3 1 3 3
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
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TheStreet.com
E- (Sell)

U.S. News evaluated 22 Multicurrency Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned -3.90 percent over the past year, -1.47 percent over the past three years, 3.37 percent over the past five years, and 3.21 percent over the past decade.

Trailing Returns Updated 02.28.2014
Year to date -2.1%
1 Year -3.9%
3 Years (Annualized) -1.5%
5 Years (Annualized) 3.4%
10 Years (Annualized) 3.2%

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Summary

The investment seeks to protect against depreciation of the U.S. dollar relative to other currencies. The fund normally invests at least 80% of its net assets in investments denominated in "hard currencies." It normally invests mainly in high-quality, short-term money market instruments and forward currency contracts denominated in foreign hard currencies. The fund tries to expose 100% of its net assets to foreign currencies. It may invest up to 20% of its net assets in instruments denominated in foreign currencies that do not meet all the criteria of hard currencies. The fund is non-diversified.

Fees

Fees are Low compared to funds in the same category.
Franklin Templeton Hard Currency Fund has an expense ratio of 1.07 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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See Also:

Top Franklin Templeton Investments Funds