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Merk Asian Currency Inv (MEAFX)

On Feb 10: 9.54 USD   0.00 (0.00%)  
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 MERK ASIAN CURRENCY FUND INV SH Delayed quote dataEdit
Net Asset Value:9.54
Trade Time:Feb 10
Change: 0.00 (0.00%)
Prev Close:9.54
YTD Return*:1.25%
Net Assets*:70.14M
Yield*:N/A
* As of 30-Nov-09
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 HEADLINES 
No headlines available for MEAFX.

 FUND BASICS30-Nov-09
Morningstar Overall Rating:N/A
Total Assets:70.14M
Category:Currency
Total Expense Ratio:%
Fund Profile - Holdings


 PERFORMANCE & RISK30-Nov-09
YTD Return:1.25%
5y Avg Return:N/A
Rank in Category (ytd):9
% Rank in Category (ytd):30%
Beta (3y):
Morningstar Risk Rating:
Performance Details - Risk Details

 FUND SUMMARY 
The investment seeks to protect against the depreciation of the U.S. dollar relative to Asian currencies. Under normal market conditions, the fund invests at least 80% of the value of net assets (plus borrowings for investment purposes) in securities or instruments that have a high correlation to Asian currencies. It normally expects to achieve this exposure through investments in high quality, short-term money market instruments denominated in Asian currencies or a combination of U.S. dollar denominated securities and forward currency contracts, including non-deliverable forward contracts.
Fund Profile


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