Not exact matches
However, the counter-argument also is true;
i.e., international investing diversifies your
currency risk — as a US
investor, it provides some protection against the risk of a declining dollar.
On an institutional
investor level, the pure transactional cost of
currency hedging is extremely low — below 0.2 % per annum, possibly below 0.1 % (
i.e. covered by the incremental MER).
Essentially, there are two options available to an
investor: 1) be exposed to
currency fluctuations (
i.e., stay unhedged); or 2) be
currency hedged.
First, retail
investors (
i.e., non-professional
investors) have accounted for most virtual
currency trading.