24.07.2012 - Currency-hedged ETFs prove their worth as investors seek safe havens
With global markets in a state of flux, currency-hedged ETFs have come into their own. This has certainly been the case with dollar-hedged ETFs, which have tended to outperform their unhedged counterparts this year. The reason for the outperformance has been the strength of the dollar versus other currencies. So far this year, the greenback is up against a host of other currencies. Indeed, as of July 13, it was up 5.8% versus the euro, 1% versus Japanese yen, and 9.2% versus the Brazilian real...............................................Full Article: Source
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