Forum

Wealth Professional forum is the place for positive industry interaction and welcomes your professional and informed opinion.

Notify me of new replies via email
Wealth Professional | 26 Sep 2016, 08:15 AM Agree 0
Following the Canadian dollar’s spring rally against the greenback, ETF investors are looking to hedged products for protection
  • Taylor | 11 Dec 2016, 10:39 AM Agree 0
    I am only putting global and US assets for my clients into hedged products. If the CAD nears parity due to an minor to moderate oil shock (due to crisis in the middle east, tight oil driller defaults, war, etc) then I will switch back to unhedged. It's just too much to explain to clients that their underlying investments are making money but they are losing NAV because of the currency. They just see the top line figure: do I have more or less money. I can explain to them that they may eat a bit of upside return if the Canadian dollar falls in value, but I think it's fairly valued right now given the prices of oil and commodities.
Post a reply