iShares has listed three currency hedged equity ETFs on NYSE Euronext in Amsterdam, three months after the products were launched on the London Stock Exchange.
The funds are all hedged into the euro and track the MSCI Japan, MSCI World and S&P 500 indices. The ETFs are designed to enable traders to invest internationally and hedge currency exposure in a single trade. iShares published a guide to currency hedging at the funds' initial listing, highlighting the rise in currency volatility during 2008-2009, which increases the risks involved with investing globally. All three funds incorporate a monthly currency hedge using one month forward FX contracts, eliminating FX operational and administrative hurdles. As the hedge is not adjusted duri...
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