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    Merk Asian Currency Inv (MEAFX)

    8.86 Down 0.02(0.23%) Sep 4
    Prev Close:8.88
    YTD Return*:-5.33%
    Net Assets*:20.48M

    * As of 31-Aug-15

    Quotes delayed, except where indicated otherwise. Currency in USD.


    • No Headlines available for MEAFX at this time.

    Top Holdings

    Symbol% AssetsYTD Return %
    Air Liquide Fin 3%4.53N/A
    China(Peoples Rep) 1.4%4.51N/A
    Brit Columbia(Prov 2.85%4.20N/A
    Sinochem Offsh Cap 3.55%4.19N/A
    Cse D'Amort Dette 3.8%3.53N/A

    Fund Basics

    Morningstar Overall Rating:N/A
    Total Assets:20.48M
    Annual Report Expense Ratio (net):1.30%

    Performance & Risk

    YTD Return:-5.33%
    5y Avg Return:-0.88%
    Rank in Category (ytd):56
    % Rank in Category (ytd):81.16%
    Beta (3y):112.44
    Morningstar Risk Rating:

    Fund Summary

    The investment seeks to profit from a rise in Asian currencies relative to the U.S. dollar. The fund invests at least 80% of the value of its net assets (plus borrowings for investment purposes) in securities or instruments that provide exposure to Asian currencies. The adviser normally expects to achieve this exposure through investments in high quality, short-term debt instruments or 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 that seek to profit from a rise in Asian currencies relative to the U.S. dollar. View More
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