| Scorecard |
|---|
|
---
|
|
Lipper
---
|
|
Zacks Investment Research
---
|
|
Standard & Poor's
---
|
|
TheStreet.com
---
|
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.
Performance
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | -2.3% |
| 1 Year | N/A |
| 3 Years (Annualized) | N/A |
| 5 Years (Annualized) | N/A |
| 10 Years (Annualized) | N/A |
Summary
The investment seeks to generate positive returns with limited drawdowns over full market cycles through investments in currencies, securities and instruments 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 will invest in short-maturity bonds rated A- or A3 or better. It is non-diversified.
