Mutual fund that would do well if the dollar did not?

[Nika]

Any advice? I am looking for the next mutal fund (preferably TrowePrice) that is moderately agressive and does not totally dependend on US economy. But I am having trouble finding a good international one.

[mcfroggin]

Not sure of T Rowe Price, but Vanguard has a few good international funds.

[Tobby782]

Gold Mining funds or the Gold Mining ETF - ticker GDX would be good examples. Gold goes up when the dollar goes down. There is also the Ultra Bearish Treasury ETF - TBT which goes up if U.S. Treasuries sell off due to debt worries.

[ea1776]

VAW
VDE
PRNEX

Any type of commodity or materials fund is going to go up when the dollar goes down, as commodities will become more expensive to purchase in dollar terms.

I believe Latin American funds will do well, since they have multiple growth catalysts going for them long term, one of which is dollar inflation (their economy is weighted heavily towards natural resources).

good luck

[ez1]

I'm a little unclear on what you're seeking. If you want a fund that goes up when the dollar goes down, you could go with an ETF like UDN. If you are looking not to depend on the U.S. economy, then you'd go with international funds. Are you asking for some other kind of option? Like a fund that is not international or purely based on the dollar but would somehow be immune to a drop in the dollar? You could always check the various funds you're looking at on a chart that compares to the UUP (dollar bullish ETF) and make sure it doesn't correlate too strongly with that.