Analyste de Boston

Foreign Bond ETFs: Considering Dollar Devaluation and Maximizing Income Stream

Domestic US money market funds can be considered part of the overall "Fixed Income" allocation in a portfolio - but not every advisor thinks that way. OTOH, relatively FEW are substituting forex funds for what most investors expect to be the most conservative wedge of the pie.

That said, if a USD devaluation is likely (the thesis) in the future, how you might add complementary forex plays like CEW or UDN or DBV to your portfolios is worth considering & modeling now.

OTOH, these are NOT investments for deleveraging crises nor sharp stock mkt declines - a flight to quality (USD, US Treasury) crushes the thesis. As we saw last fall!

Foreign Bond ETFs: Considering Dollar Devaluation and Maximizing Income Stream

Regarding PGD: "The Fund is intended to replicate a diversified, multi national money markets strategy in the five Middle Eastern and Asian market currencies."

Ergo, it's NOT a fixed income nor bond fund. For INCOME INVESTORS, what's the 12 month income distribution and/or dividend? Do you know if there's a regular dividend, or not? It's hard to get current information (red flag!) and there's no info on www.ipathetn.com/ about "PGD" (that's a very BAD sign!)

It's been a crappy investment, for those of us who initially bought the thesis (and the fund) early on, only to see forex plays in FXC, FXA, etc. dramatically outperform this dud. Sorry.

On Sep 04 11:43 AM ynwestor wrote:

> Surprised PGD was left off your list of candidates for USD devaluation
> risk.