ETFs
ETFs or Exchange Traded Funds has become popular investment vehicle for investors. You can buy and sell ETFs through your brokerage. You can invest this investment fund in your retirement account and possibly your 401k.Multicurrency Funds
One of the popular ETF categories is currency ETF. These Currency ETFs track a single foreign currency or basket of currencies by using foreign cash deposits or futures contracts. For the ETFs that use futures, excess cash is usually invested in high quality bonds, typically US Treasury bonds. The management fee is deducted from the interest earned on the bonds.Multicurrency ETFs can provide attractive choice for investors. These ETFs or ETNs invest in multiple currencies depending upon its objective. Some funds may invest in emerging markets currencies, world currencies, etc.
These top performer ETFs are sorted based on its 1 year return (up to July 2014). You can find the fund review from this article. Other fund information can be found below such as expense ratio, Morningstar rating, fund’s NAV, managers, fund’s holdings, yield, etc.
Best performing multicurrency ETFs 2014 are:
- PowerShares DB US Dollar Index Bearish (UDN)
- PIMCO Foreign Currency Strategy ETF (FORX)
- PowerShares DB G10 Currency Harvest (DBV)
- WisdomTree Emerging Currency Strategy (CEW)
- iPath GEMS Asia 8 ETN (AYT)
- iPath Optimized Currency Carry ETN (ICI)





