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Friday, July 13, 2012

Money: It's What They Want

Reported by HFD

US Commodity Funds [profile] eyes to offer a currency-focused ETF based on a SEC filing, reports ETFdb.com.

The Alameda, California-based shop, known for running the United States Oil Fund, is planning to launch the US Golden Currency Fund with the ticker HARD.

Investing in this futures-based fund will give investors exposure to five currencies at once. The U.S. dollar will not be included in the five currencies because it will be considered as the base currency. 

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