Forex Fund

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Posted by Johhny5 (67.8.87.136) on 16:17:10 08/08/04

FROM THE SHELF
Finally, a forex fund for retail investors
By Bharathi Rajan
HEAD OF CONTENT
Fundsupermart.com

THE Deutsche Currency Fund is the first currency fund to be made available to retail investors in Singapore.

It will be exposed to a wide range of developed and emerging market currencies, and generate returns by buying and selling currencies through the use of currency forwards.

The Deutsche Asset Management Group is one of the largest players in the global currency market. It manages more than $150 billion in discretionary currency assets via currency management teams across the globe.

The participants in the currency market comprise largely of central banks, large corporations, banks and hedge funds.

In most cases, participants transact in foreign exchange to facilitate their real business.

Currency managers who time the buying and selling of currencies can extract value from inefficiencies in currency markets and generate positive returns.

The currency market is also seen as a separate asset class. Since currency markets do not move in tandem with equity and bond markets, they can be used to diversify an investment portfolio.

The entire currency portfolio invests in a basket of currencies including that of developed countries, such as the US dollar and the Japanese yen, as well as that of smaller economies such as the Thai baht.

The emphasis is on currencies of developed nations.

The fund house is confident that this product can offer superior returns for the same amount of risk present in a global equity fund.

Performance fees for the fund are charged at 20 per cent of excess returns over a 6 per cent hurdle rate and are calculated on an annual calendar basis.

BOTTOMLINE

The fund aims to take on risk that is comparable to that of a global equity fund, while targeting a higher return. It can be part of the core portion of a diversified equity portfolio.

Is there a forex fund here in the USA that anyone would recommend?

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Re: Forex Fund - inv 00:55:36 02/19/07 (0)
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Comments:	: FROM THE SHELF : Finally, a forex fund for retail investors : By Bharathi Rajan : HEAD OF CONTENT : Fundsupermart.com : : : THE Deutsche Currency Fund is the first currency fund to be made available to retail investors in Singapore. : : It will be exposed to a wide range of developed and emerging market currencies, and generate returns by buying and selling currencies through the use of currency forwards. : : The Deutsche Asset Management Group is one of the largest players in the global currency market. It manages more than $150 billion in discretionary currency assets via currency management teams across the globe. : : The participants in the currency market comprise largely of central banks, large corporations, banks and hedge funds. : : In most cases, participants transact in foreign exchange to facilitate their real business. : : Currency managers who time the buying and selling of currencies can extract value from inefficiencies in currency markets and generate positive returns. : : The currency market is also seen as a separate asset class. Since currency markets do not move in tandem with equity and bond markets, they can be used to diversify an investment portfolio. : : The entire currency portfolio invests in a basket of currencies including that of developed countries, such as the US dollar and the Japanese yen, as well as that of smaller economies such as the Thai baht. : : The emphasis is on currencies of developed nations. : : The fund house is confident that this product can offer superior returns for the same amount of risk present in a global equity fund. : : Performance fees for the fund are charged at 20 per cent of excess returns over a 6 per cent hurdle rate and are calculated on an annual calendar basis. : : BOTTOMLINE : : The fund aims to take on risk that is comparable to that of a global equity fund, while targeting a higher return. It can be part of the core portion of a diversified equity portfolio. : : : Is there a forex fund here in the USA that anyone would recommend?
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