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Subject:  Re: Currency Effects on Country Funds Date:  11/21/2003  10:43 AM
Author:  brewer12345 Number:  37933 of 74544

If the Euro rises against the buck, the fund would go up in value, all else remaining equal. However, the assets in the fund will also jump around, so you could see the fund value go up or down even if the Euro is rising. Basically, a rising Euro is a definite tailwind (positive) for a German fund.