Not exact matches
If you have a
correct trade
rate of 65 percent for the EUR / USD
currency pair, but you're only getting 75 percent returned to you, it will be better to switch over to something you only have a 62 percent
correct trade
rate on if the
rate of return is 82 percent.
Though this has presented
currency headwinds recently, if the exchange
rates correct themselves and the growth continues then this should bode very well for the bank's long - term success.
I think the right thing to do is for each fund compare the
currency neutral version with the unhedged version
corrected for the change in USD / CAD exchange
rates for that period.
Currency rate is
correct at time of publishing.