Sentences with phrase «usd currency effect»
Once you have purchased the shares the CAD / USD currency effect becomes nil.
http://www.canadiancapitalist.com/
Thomas, I do believe if you buy IVV (S&P 500 denominated in USD traded on AMEX) you are right there are currency effects, and if you bought the XIN version on the TSX you have the product hedged — however for international exposure if you bought EFA on the AMEX you would not necessarily have those same CAD / USD currency effects.
Not exact matches
When currency effects are negative (as it was the case of the CAD / USD and US markets over 2006 to 2011), currency - hedging still did not show a profit due to tracking error.
You may want to double check that the particular line / screen / report you're looking at in Quicken isn't also including currency effects, e.g. you're evaluating IRR in USD but your account and contributions are measured in CAD.
In effect, the entire transaction works as if there were two separate transactions: one to move CAD 120 from Canadian Cash to Currency, and another to move USD 100 from Currency to U.S. Cash.