U.S. investors are clearly interested in owning foreign assets, but may remain leery of the foreign exchange risks involved. Fortunately, a number of internationally focused funds are already on the market that control currency exposures, according to an article on Benzinga.
The funds listed by the ETF Professor, a staff writer for Benzinga, are:
- WisdomTree International Hedged Equity Fund (NYSEArca: HEDJ)
- db-X MSCI EAFE Currency-Hedged Equity Fund (NYSEArca: NYSEArca: DBEF)
- db-X MSCI Emerging Markets Currency-Hedged Equity Fund (NYSEArca: DBEM)
Investors need to keep in mind that currency-hedged funds, like the ones mentioned above, tend to fall behind their nonhedged counterparts as the U.S. dollar weakens, reports Benzinga. But such currency-hedged protect returns when the dollar is strengthening.
For the full breakdown on these funds, visit Benzinga.com.