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| YTD Return: |
8.58% |
| 3y Avg Return: |
N/A |
| 5y Avg Return: |
N/A |
| Beta (3y): |
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| The investment seeks to achieve total returns reflective of both money market rates in India available to foreign investors and changes in value of the Indian Rupee relative to the U.S. dollar.
The fund normally invests in a combination of U.S. money market securities with forward currency contracts and currency swaps which are designed to create a position economically similar to a money market security denominated in Indian Rupee. The average portfolio maturity is 90 days or less. It does not purchase any securities with a remaining maturity of more than 397 calendar days. The fund is non diversified. |
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| Fund Profile |
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