Re: Evaluating Managed Funds
[ QUOTE ]
This is something to consider as it is a hedge against a major drop in the dollar.
[/ QUOTE ]
Why should Ed have to be concerned about a major drop in the US dollar if his assets are based on US companies? Most of these companies transactions will be dollar to dollar.
Also, with the Fed increasing rates and the EU unlikely to do so, it's more likely the dollar will get stronger not weaker versus euro and other currencies, so european funds will need to overcome that drag.
|