About a year after shaking up the ETF world with the launch of the Total Return ETF (BOND),...

About a year after shaking up the ETF world with the launch of the Total Return ETF (BOND), Pimco is set to debut this week the Foreign Currency Strategy fund (FORX). For those interested in benefiting from dollar devaluation, the fund will invest in the currencies and fixed-income paper of non-U.S. countries.
From other sites
Comments (1)
  • Cliff Wachtel
    , contributor
    Comments (1766) | Send Message
    in principle a good idea, but all depends on the composition of the basket of currencies you're getting. If focus is on healthy currencies that aren't being printed into oblivion, fantastic, especially if get some income.


    however, if they have much EUR and JPY exposure, will be the currency investing equivalent of jumping from the frying pan into the fire. For most up to date guide on safer, simpler ways to diversify out of the USD and other at risk currencies for critical currency diversification, see:


    or for full synopsis, reviews, browse, see:




    please take a moment (about 120 seconds, actually) and cast your vote for "The Sensible Guide to Forex" in FXstreet.com’s Awards 2013 in BEST NEW BOOK category. The link to the survey is here.


    Or just copy/paste the below into your browser


    11 Feb 2013, 03:22 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs