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Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
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.
The fund has returned -7.04 percent over the past year, and -4.18 percent over the past three years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-1.9%|
|3 Years (Annualized)||-4.2%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks total return. The fund will invest at least 80% of the value of its assets (plus borrowings for investment purposes) in investments that create foreign currency exposure. It mainly does so by investing in short-term fixed-income instruments (also referred to as "debt securities") and currency derivatives. The fund normally will not expose more than 35% of its total assets to any one foreign currency. It may invest up to 25% of its total assets in the Subsidiary. The fund is non-diversified.
Fees are High compared to funds in the same category.
Oppenheimer Currency Opportunities Fund has an expense ratio of 1.92 percent.
Risk is N/A compared to funds in the same category according to Morningstar.