Not to suggest FX is unimportant — in fact, I encourage you track &
diversify your currency exposure — but it's a separate exercise & readers have multiple base currency perspectives anyway.
In principle, it is prudent to
diversify currency exposure away from such a dominant but uncertain influence.
Again
diversifying your currency exposure.
Not exact matches
Broader investment and
currency exposure is in my view favourable not only from an additional
diversifying perspective, but also as a protection against bad things happening in your home country.
Diversifying with international corporate bonds can potentially reduce
exposure to market variations of a single
currency, issuer, and asset class.
You also need to
diversify your holdings within those asset classes and hold, in the case of a stock portfolio, a variety of stocks — from risky to less risky, in different
currencies, in different industries — to reduce your risk
exposure.
Having the choice to hedge or not hedge your
currency exposure can be critical for investors who are globally
diversified.
Provides
exposure to the growth potential of developed market companies while explicitly seeking to: Reduce volatility over a market cycle
Diversify exposure across international countries Reduce concentration in dominant
currencies
Franklin Templeton Global Allocation Fund seeks total return by investing in a
diversified portfolio of equity and fixed income securities supplemented by a tactical investment strategy, which may include cash and financial derivative instruments designed to allow the Fund to adjust its
exposure to asset classes, geographic regions,
currencies and market sectors.