Carry Effects on Hedged Equities
May 28, 2023 at 08:30 AM EDT
By Hyun Kang Research Analyst A currency-hedged equity index is designed to provide exposure to foreign companies while neutralizing exposure to fluctuations between the value of foreign currencies and the U.S. dollar. In this sense, the index “hedges” against fluctuations in the relative value of foreign currencies versus the U.S. dollar. Over the last year, the MSCI EAFE [...] The post Carry Effects on Hedged Equities appeared first on ETF Trends .