01.04.2015 - Dollar’s Rise Boosting Currency-Hedged ETFs
As the U.S. dollar’s value has soared against other currencies, so has interest in currency-hedged exchange-traded funds. In just the first two months of this year, an estimated $11.6 billion has flowed into the 20 currency-hedged ETFs tracked by investment-research firm Morningstar Inc. That swelled the funds’ assets to nearly $35.6 billion, up from just $4.4 billion in 2013 and $21.3 billion last year, according to Morningstar. The number of fund options has ballooned, too. More than half of the currency-hedged ETFs that Morningstar tracks were launched last year, including a group from WisdomTree Investments that provide exposure to some individual industry sectors in Japan such as health care...............................................Full Article: Source
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