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

Higher rates will benefit this bank

WELLS FARGO & CO. $39 remains a buy. The bank (New York symbol WFC; Conservative-Growth Payer Portfolio, Finance sector; Shares outstanding: 3.8 billion; Market cap: $148.2 billion; Dividend yield: 2.6%; Dividend Sustainability Rating: Average; www.wellsfargo.com) is third-largest banking firm in the U.S., with total assets of $1.94 trillion.
Due to… Read More