7 Best Multicurrency Mutual Funds 2015

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Find best multicurrency mutual funds 2015. Top currency funds are FX Strategy Fund, Columbia Absolute Return Currency and Income Fund, etc. Will these funds be the right choice in 2016 for your investment account?

Top Performing Currency Funds

Top Currency FundsCurrency mutual funds invest in US and foreign currencies. The fund may invest in short term money market instruments; derivative instruments, including and not limited to, forward currency contracts, index swaps and options; and cash deposits.

You can buy these top mutual funds for your brokerage account, retirement account (IRA), and 401k account. The minimum initial funding may be as little as $100 for retirement account. These top currency mutual funds 2015 are sorted based on its 3 years performance up to May 2015. You can find the fund review below as well.

7 Best currency mutual funds 2015 are:
  1. FX Strategy Fund (FXFIX)
  2. Columbia Absolute Return Currency and Income Fund (RARAX)
  3. ProFunds Rising U.S. Dollar Fund (RDPIX)
  4. Merk Asian Currency Fund (MEAFX)
  5. Eaton Vance Diversified Currency Income Fund (EAIIX)
  6. John Hancock Funds Absolute Return Currency Fund (JCUAX)
  7. Merk Absolute Return Currency Fund (MABFX)
Note: These funds can be very volatile than typical mutual funds. Please check fund prospectus to understand further the details.

FX Strategy Fund

FX Strategy Fund invests mainly in investment grade income securities and investing in foreign currency-linked securities, funds, and/or derivatives. The total net assets are $42 million. The fund manager is Heydon D. Traub. It has a high expense fee of 3.14%.

More: Top 5 Best Currency Mutual Funds 2012

In 2014, it has a total return of 30.96%. The fund has returned 51.30% over the past 1 year, and 7.08% over the past 3 year.

Columbia Absolute Return Currency and Income Fund

Columbia Absolute Return Currency and Income fund has $54 million of assets. Its expense fee is 1.66%. The portfolio turnover rate is 0%. The current share price is $11.44. You can buy this mutual fund with $10,000 of initial funding for your brokerage and/or retirement account.

More: Powershares Currency ETFs

This top performing currency mutual fund has returned 21.83% over the past 1 year, 4.63% over the past 3 year, and 3.10% over the past 5 year. Morningstar has ranked this currency fund with 1 star rating.

Merk Asian Currency Fund

This Merk Asian Currency Fund has $24 million of assets. The yield is 0%. This best currency mutual fund has been introduced to investors since April 2008. The fund manager is Axel Merk.

Currency Mutual Funds Performance


Fund NameTicker3 Year Return %
FX Strategy Fund Class AFXFIX7.03
Columbia Absolute Return Currency and Income Fund Class A SharesRARAX4.63
ProFunds Rising U.S. Dollar Fund Investor ClassRDPIX4.34
Merk Asian Currency Fund Investor ClassMEAFX0.28
Eaton Vance Diversified Currency Income Fund Class AEAIIX0.24
John Hancock Funds Absolute Return Currency Fund Class AJCUAX-0.11
Merk Absolute Return Currency Fund Investor ClassMABFX-0.45
Lord Abbett Emerging Markets Currency Fund Class ALDMAX-1.9
PIMCO Emerging Markets Currency Fund Class APLMAX-2.22
Ashmore Emerging Markets Currency Fund A ClassECYAX-2.57
JPMorgan International Currency Income Fund Class A SharesJCIAX-3.03

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