Are there any curreny funds or ETFs in the U.S. appropriate for a long-term mutual fund investor? Essentially, trying to partially hedge the risk of a falling dollar. Thanks.
- posted
17 years ago
Are there any curreny funds or ETFs?
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- posted
17 years ago
The Merk Hard Currency Fund (MERKX)
This is a great fund... I've owned it in the past, actually thinking of getting back in soon here waiting till closer to election...
Hope this helps, Shhhh
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- posted
17 years ago
You should get better responses on questions about the mutual fund universe over at misc.invest.mutual-funds. I posted a whole slew of these funds (along with links to articles about currency funds) there 1 1/2 years ago. There are other people over there who can offer more suggestions. As I recall, there was a thread about the merits of hedging currency fluctuations as well.
My prior post on foreign currency funds (may need updating, e.g. Potomac is now Direxion):
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Mark Freeland snipped-for-privacy@sbcglobal.net