Sentences with phrase «currency conversion costs»

During the conversion, you will also incur currency conversion costs.

Another minor negative, as a Canadian you have to pay currency conversion costs on buy and sell, and on distributions.

In fact, with 50 percent of the portfolio in US ETFs, the portfolio took an initial 0.75 % (50 % of 1.5 %) hit in currency conversion costs alone.

In fact, with 50 percent of the portfolio in US ETFs, the portfolio took an initial 0.75 % (50 % of 1.5 %) hit in currency conversion costs alone.

We could assume currency conversion costs of 1.5 % each way, annualized stock market returns of 7 %, hedging penalty of 1 % and work out who comes out ahead for (1) US dollar remains the same.

For instance, an investor owning a US stock that pays a 4 % dividend is losing 8 basis points or so (assuming currency conversion costs 2 %).

However, brokers may levy many other costs such as purchase fees (for some assets such as unit trusts), Others may guarantee surprisingly low rates only to recoup this through high management fees or even currency conversion costs.

Usually, you can «wire» transfer money from your BoA account to the account back home, but that is usually comes at a fee of about $ 30 - $ 50 per transfer (in the US, additional fees may be charged at the receiving end + currency conversion costs).

Recall that typical currency conversions cost you 1.5 % to 2.0 %.

For a 25 year term, annual returns of 7 %, currency - hedging lag of 1.5 %, one - way currency conversion cost of 1.5 %, we find that (no surprises here) not hedging is advantageous if the foreign currency appreciates or remains the same against the Canadian dollar.

Decline so that you avoid dynamic currency conversion costs that you'll have to shoulder.

The currency conversion costs are very low at Interactive Brokers too, and if you have a margin then the rates at Interactive are a lot lower.

Based on comparing the conversions I experienced over the last year compared to the bank of Canada noon rate for US dollars the currency conversion cost is 1.7 % over the spot price each way.

However, investors prefering not to hedge their currency exposure have little choice but to access these markets through ETFs such as Vanguard Europe Pacific ETF (VEA) available in the U.S.. However, by investing in the U.S., Canadian investors are exposed to U.S. Estate Taxes and currency conversion costs.

Gerry's strategy will just incur trading commissions, bid - ask spreads and currency conversion costs — and maybe realize a big capital gain — all while gaining absolutely nothing.

The MER savings from Vanguard funds (VEA is 0.12 % compared to 0.5 % for XIN) will make up for the currency conversion costs in a few years.

What I'm talking about is the currency conversion cost that brokerages charge you in buying and selling.

Now, if you're a long - term investor who doesn't trade frequently and plans to hold a few U.S. stocks or ETFs for many years, it might be worth accepting this currency conversion cost.

Some readers are under the mistaken impression that investors can avoid the currency conversion costs by enrolling in synthetic DRiPs.

At Questrade, this currency conversion costs 0.5 % in a registered account, so you don't want to be converting more than necessary.

-- the term of investment (in years)-- annual returns — Currency - hedged fund tracking error — Currency conversion cost — size of currency appreciation / depreciation over the investment term