If you want to pick your own non-core high - yield North American corporate bond fund, TD offers the TD High Yield Bond Fund, which focuses mainly on BB and B rated issues at the higher quality end of below - investment grade and mostly hedges its U.S.
currency exposure back to the Canadian dollar.
Not exact matches
And as they do, U.S. investors should preferably gain that
exposure via instruments that seek to hedge the foreign
currency impact, as dollar strength means equity gains in local
currency terms will be muted when translated
back into U.S. dollars.
The
currency exposure that arises from owning foreign stocks is not hedged
back to Australian dollars.
The U.S. dollar
currency exposure is hedged
back to Canadian dollars.
The
exposure to China's
currency is hedged
back to Canadian dollars.
The MSCI World Index (Hedged to US$) consists of the results of the MSCI World Index with its foreign
currency exposure hedged 100 %
back into U.S. dollars.
The same applies to businesses with significant
exposure to the U.K. and EU given potential
currency pressures (e.g. Pounds or Euros translating
back to fewer dollars) and the possibility of slowing growth.
Though our local
currency holdings are under benchmark weight at this time, we added
back exposure to the Mexican peso and maintained an overweight in the Polish zloty.
The U.S. and foreign equity
exposure is not
currency hedged but foreign fixed income is hedged
back into the Canadian dollar.
Every Tether + is
backed 100 % by its original
currency, and can be redeemed at any time with no
exposure to exchange risk.