Freak Rene joining circus for money (10)

I believe the answer is:

currencies

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'freak rene joining circus for money' is the definition.
I can't tell whether this defines the answer.

'freak rene joining circus' is the wordplay.
'freak' indicates anagramming the letters (a freakish form of the letters).
'joining' is a charade indicator (letters next to each other).
'rene'+'circus'='renecircus'
'renecircus' anagrammed gives 'CURRENCIES'.

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I've seen this clue in the Sydney Morning Herald.

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