One Trust, part of a Reno, Nev. - based investment adviser that was formed in 2008, launched a fund - of - funds ETF that will invest in other ETFs to achieve its objective of giving investors global equity exposure and benchmark its performance to the S&P 500. (etf.com)
The topic is surprisingly complex but as Prins pointed out, things get a bit simpler if ETF investors seeking U.S. or global equity exposure do so through ETFs listed on the TSX. (moneysense.ca)
Hedging foreign exchange risk resulting from global equity exposure is entirely reasonable when foreign currencies appear expensive and likely to take a nosedive versus the Canadian dollar. (blackrockblog.com)