On Thursday 23 April, Gary Stone appeared on Peter Switzer’s TV Show on the Sky Business Channel 602. A 10 minute recording can be watched of this show where Gary and Peter discuss: The bullish local market attempt to breach 6000 for a fourth time. The attractiveness of the oversold Brazilian market and the opportunity…
In last week’s post I looked at how the declining value of the Euro currency had negatively impacted on the value of the EWG ETF despite the fact that the underlying DAX Index had risen significantly since the middle of October last year. This week, we will look at the inverse situation, where a declining…
This week in our ongoing ETF series I want to take a look at the effects cross currency exposure can have on the performance of some ETFs. When we trade ‘domestic’ stocks on our own stock market (ASX for Australia) using our own currency (Aussie dollars), we are never exposed to currency movements as all…
In my earlier postings on the use of ETFs by investors, I wrote that some of the major benefits of ETFs for the ordinary investor included the fact that they can be traded in your share trading account and as a result allow for portfolio diversification. This week I would like to look at this…
