The jury's out on currency-hedged international ETFs. They won admirers by hauling in outsize profits this past year as stimulus measures drove down the euro and yen vs. the dollar, which hurt nonhedged portfolios. Now it's the skeptics' turn. The greenback's movements are cyclical, they say, and its rally may already be starting to lose steam. Morningstar analyst Patricia Oey recently analyzed the U.S. dollar's performance over the past 40 years
Monday 22 June 2015
Currency-Hedged ETF Magic: A Less-Known Benefit
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
The jury's out on currency-hedged international ETFs. They won admirers by hauling in outsize profits this past year as stimulus measures drove down the euro and yen vs. the dollar, which hurt nonhedged portfolios. Now it's the skeptics' turn. The greenback's movements are cyclical, they say, and its rally may already be starting to lose steam. Morningstar analyst Patricia Oey recently analyzed the U.S. dollar's performance over the past 40 years
The jury's out on currency-hedged international ETFs. They won admirers by hauling in outsize profits this past year as stimulus measures drove down the euro and yen vs. the dollar, which hurt nonhedged portfolios. Now it's the skeptics' turn. The greenback's movements are cyclical, they say, and its rally may already be starting to lose steam. Morningstar analyst Patricia Oey recently analyzed the U.S. dollar's performance over the past 40 years
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