The theme of hedging currency risk within the same wrapper of an international equity portfolio has gained popularity in the US, particularly after the greenback’s continued strength amid diverging monetary policies across the Atlantic. WisdomTree, the fifth-largest US issuer of exchange traded funds, has been fairly successful in gauging investors’ preference as evidenced from their wildly successful WisdomTree Japan Hedged …
New ETFs On The Block: SPDR Euro STOXX 50 Currency Hedged ETF (HFEZ)
State Street Global Advisors, a unit of State Street and the third largest US issuer of exchange-traded funds, recently jumped onto the currency-hedged ETF bandwagon with the debut of the SPDR Euro STOXX 50 Currency Hedged ETF (HFEZ). The new fund comes with low fees, possibly to compensate for the delay in a niche that is dominated by WisdomTree, iShares …