Posts Tagged ‘the investment.’
Investment in foreign exchange through Investment Funds
February 24th, 2010
There are many ways to invest in other currencies. On this occasion, we will discuss investment in foreign currency through an investment fund.
And indeed, the investment is very simple: buying shares in investment funds denominated in another currency. This obviously requires actual knowledge that there is a risk of significant change besides the typical risk of the investment.
According to Morningstar, the most profitable category in early May between the mutual funds that owned bonds in different currencies was the pounds, with 7.80% revaluation, followed by U.S. dollars, with the 5.06%. (more...)