I've sold my GLD exposure and bought some local gold ETF. Cheers.
Thanks JackRab but I don't think mine account if FX hedged. My paper loss around $80 but paper FX loss two times that. Can't be hedged.
No not really. There are plenty of domestic funds and of course S&P 500 trackers but not too much of specific foreign markets.
Thanks Metamega. Yes, I was a bit confused and thought the strong USD was bad for my exposure. I now realise I've essentially bought USD and hence...
Thanks for your response Xandman. My thinking was this; if i buy a fund traded in the US and change AUD into USD, if USD goes up in the future,...
Hi all I live in Australia and apart from being able to buy some some generic US funds like the S&P 500, there's not a lot of international...
I am hoping to achieve a safer trade of course. Pardon my ignorance but would you normally only hedge individual positions (equities) as opposed...
Thank you for all the response. It's not an ETF I am intending on trading in the short term so possibly a hedge is not required. What are your...
Hello. Newcomer this site and looking to buy the US Financials Ishares IYF and would like to hedge it with another ETF. I was thinking Gold but...
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