After decades of working in financial markets I just can’t think of GBP as real money at all.
hedging
We can’t really call equities an inflation hedge. Not when their real return falls with high inflation!
Opting for a currency hedged US S&P 500 tracker over a standard ETF doubled your return in 2017. What’s the catch?
Spooked by the soaraway pound? Not entirely comfortable with seeing your portfolio bounce 20% up or down with currencies? ETFs offer a solution…