333 WEST WACKER DRIVE
CHICAGO IL 60606
Business Phone: 312-917-8146
• CHICAGO, IL • Mutual Fund • Closed End Fund How do I update this listing?
Nuveen Multi-currency Short-term Government Income Fund is based out of Chicago. Nuveen Multi-Currency Short-Term Government Income Fund is an exchange-traded closed-end fund or a closed-end ETF which is officially described in its prospectus as a non-diversified, closed-end management investment company. INVESTMENT OBJECTIVE: The Fund's investment objective is to provide an attractive level of current income and total return. FUND STRATEGY: The Fund seeks to achieve its investment objective by investing directly and indirectly in a portfolio of short-term international government securities. The Fund will invest directly in short-term international (non-U.S.) government securities (�������Direct Investments�������). Under normal circumstances, the Fund will invest approximately 50% of its net assets in Direct Investments. The Fund will invest indirectly in international (non-U.S.) government securities through the purchase of forward currency contracts and other derivative instruments relating to such short-term international government securities (�������Indirect Investments�������). The Fund's Indirect Investments provide substantially either the economic equivalent of Direct Investments or the approximate difference in return performance, measured in U.S. dollars, of particular short-term international (non-U.S.) government securities relative to high quality U.S. short-term fixed income securities. In this prospectus, the Fund's Direct Investments and Indirect Investments are referred to collectively as �������Investments.������� The Fund expects that the average credit quality of its Direct Investments and of the governmental issuers whose securities determine the returns of its Indirect Investments (weighted by reference to their notional value) will be A-. Under normal circumstances, the notional amount of the Fund's Indirect Investments will be approximately 100% of the value of the Fund's net assets, and will not exceed 125% of net assets. The approximately 50% of the Fund's net assets invested in Direct Investments plus the notional amount of Indirect Investments, equal to approximately 100% of net assets, means that the Fund effectively has leveraged exposure to short-term international (non-U.S.) government securities equal to approximately 150% of the Fund's net assets (and may have up to a maximum exposure of 175% of the Fund's net assets). The Fund will not hedge the currency risk associated with its exposure to those short-term international (non-U.S.) government securities. The Fund's Indirect Investments typically require no immediate cash outlay by the Fund, so under normal circumstances, the Fund will invest the approximately 50% of its net assets not otherwise invested in Direct Investments in debt securities of the U.S. Government and its agencies and instrumentalities, U.S. Government mortgage-backed securities, commercial paper and certain asset-backed securities, each with effective maturities of one year or less and with an average credit quality of AA or higher. The dollar-weighted portfolio maturity of the Fund's Investments (weighting the Indirect Investments by reference to their notional value) will be less than two years, and the Fund will maintain a dollar-weighted portfolio duration, including the impact of effective leverage, of no more than two years. Because the Fund's average duration measures the sensitivity of the Fund's net asset value to changes in international (non-U.S.) interest rates, that measure may not accurately portray the expected sensitivity of the Fund's net asset value to changes in U.S. interest rates. The Fund's Investments will be from 10 to 20 countries selected from a pool of approximately 30 eligible countries, including emerging market countries.Whalewisdom has at least 8 Form 4 filings The firm has no submitted 13F filings and does not appear to be an investment advisor.