Currency hedging comes at a cost with ETFs

Currency hedging comes at a cost with ETFs

Any currency volatility can send investors hunting for hedged ETFs. But the extra costs limit the appeal of currency hedging.
If you want to buy U.S. stocks and hedge against the U.S. dollar’s movements against the Canadian dollar, you could buy a hedged ETF like the… Read More

It pays you to be wary of new ETF issues

This month we consider two new high-interest savings ETFs, which compete with money market funds. We also offer you a look at a hedge fund ETF from AGF.
In our August 2019 issue, we initially analyzed high rate savings ETFs from Purpose Investments. Since then, the… Read More

Q: Pat, in the February issue of Canadian Wealth Advisor, you recommended the SPDR S&P 500 ETF. Why would this be better than the iShares XSP, which is hedged to the Canadian dollar. Are they not the same?

A: No one can consistently predict currency movements, but we still feel that most investors should remain invested in U.S. stocks. Note that even if the U.S. dollar should fall against the Canadian dollar, your U.S. stocks can still appreciate in value even while the… Read More