16.08.2016 - Brexit Kicked Currency-Hedged ETFs into High Gear
The Brexit vote in June sent United Kingdom stocks on a wild ride, and currency-hedged U.K. exchange traded funds have been a clear winner in the aftermath. Since the June 23 close, the day prior to the watershed United Kingdom referendum vote on European Union membership, currency-hedged U.K. ETFs have rebounded from their initial knee-jerk sell-off, and then some. The iShares Currency Hedged MSCI United Kingdom ETF (EWU) gained 7.2%, WisdomTree United Kingdom Hedged Equity Fund rose 11.1% and Deutsche X-Trackers MSCI United Kingdom Hedged Equity ETF increased 9.1%...............................................Full Article: Source
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