"Todd" <tod...@mnbamz.se> wrote in message
news:5h6vovF3jcndrU1@mid.individual.net...
does vanguard have any non-dollar gov or short-term gov funds?
No. According to Lipper, there are only 9 international noload bond funds.
(International as opposed to "world" or "global", because the latter would
invest in US [dollar] as well as foreign bonds.) Fewer once you rule out
institutional funds.http://funds.reuters.com/lipper/retail/reuters/fundScreener.asp?type=f
Even fewer if you want funds that don't hedge the currency (funds that hedge
currency won't rise as much when the dollar falls, and won't fall as much
when the dollar rises).
That leaves you with: Am Cent (BEGBX), Merk Hard Currency (MERKX), PIMCO
(PFBDX), Prudent Global (PSAFX), T. Rowe Price (RPIBX), Target (TIBPX). I
believe that all of them invest primarily in sovereigns (gov debt), but
you'll have to check.
You might consider currency shares an alternative, but these invest in
single currencies, not a basket of various ones. If you want a basket of
currencies, you could check out Everbank - it has a wide variety of
offerings including baskets of currencies. But IMHO you are trading some
yield for the greater variety of offerings.http://www.currencyshares.comhttp://www.everbank.com/002Rates.aspx#WorldCurrency
Mark Freeland
BnetOne...@sbcglobal.net
