BlackRock Inc (BLK.N), WisdomTree Investments Inc (WETF.O) and Deutsche Bank AG (DBKGn.DE) are among the companies starting new currency-hedged funds this year to take advantage of a flow of some $3.9 billion into currency-hedged ETFs so far this year. A currency hedged ETF strips out the foreign currency return of a given fund by investing in foreign currency forward contracts, and rolling those contracts, typically on a monthly basis.
Published in TZ Latest News 10 November, 2014 by The TZ Newswire Staff
Currency hedged ETFs outperform, pick up inflows as dollar gains
Published in TZ Latest News 10 November, 2014 by The TZ Newswire Staff
Currency hedged ETFs outperform, pick up inflows as dollar gains
BlackRock Inc (BLK.N), WisdomTree Investments Inc (WETF.O) and Deutsche Bank AG (DBKGn.DE) are among the companies starting new currency-hedged funds this year to take advantage of a flow of some $3.9 billion into currency-hedged ETFs so far this year. A currency hedged ETF strips out the foreign currency return of a given fund by investing in foreign currency forward contracts, and rolling those contracts, typically on a monthly basis.