Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
MEAFX is their Asian Currency fund. They've got a Absolute Return Currency fund MABFX but if you note on the link, they're ALL currency plays. Currency has always been Axel's forte'.
My issue with the absolute return fund is that I wish it was more global than simply developed nations currencies. Additionally, with how fast the currency market moves, I tend to wonder if a retail fund can keep up with it capably, and the other issue is that I don't particularly like any of the developed nations currencies a whole lot, so it becomes what's "not as bad" today as the remainder. Not that Merk isn't great, but I'm not sold on this fund.
Comments
MEAFX is their Asian Currency fund. They've got a Absolute Return Currency fund MABFX but if you note on the link, they're ALL currency plays. Currency has always been Axel's forte'.
http://www.merkfunds.com/fund/
We own MEAFX but not MERKX - his flagship fund. It seems to track PRPFX too closely to own it also.
peace,
rono