XCSFDHG46767FHJHJF
tdp2664 InvestorPlace The lure of profiting in foreign exchange has been ringing for some time now. The financial media is filled with firms advertising the gains that can be found in Forex. But with so many competitors in this area, picking a strategy can be far more difficult than watching how currency values change — and weeding out the bad ones can be even more difficult. Here are three foreign exchange ETFs/ETNs to avoid: The PowerShares DB G10 Harvest ETF (NYSE: DBV ) takes advantage of the changes in comparative currency values by using futures contracts. Management of DBV will take either long or short positions in currencies issued by some of the G10 countries. Holdings include the Australian dollar, the Swiss franc, the Japanese yen, the Norwegian kroner, the New Zealand dollar and the U.S. dollar. The inception date of this fund is Sept. 30, 2006, and the past returns as of Sept. 15, 2011 are: 1 month: -0.82% 3 months: -1.98% 1 year: 10.97% 3 years: -1.73% With the exception of the one-year return, this looks like a flat-line pattern only worthwhile as idle conversation between investors about foreign exchange investing. The Wisdom Tree Dreyfus Emerging Country ETF (NYSE: CEW ) sounds like a program that should deliver high returns and a strong dose of volatility. CEW places funds in money markets and short-term government securities of various countries. As of Sept. 14, 2011, the top 10 issuing countries and weightings are: China: 8.97% Chile:
No comments:
Post a Comment