Func company expands currency-hedging program to dampen volatility
The change to Mackenzie U.S. Mid Cap Growth Class will bring the fund in line with the rest of Mackenzie’s product lineup
Basing a strategy on currency swings often is a fool's game, but the drop in the C$ vs the US$ is something that cannot be ignored
Volatile conditions are likely to continue
Currency announcement represents an “important step forward”: Harper
Because currency movements are unpredictable, some investors see exchange rate moves as risks to be managed
Internationalized businesses are better positioned
For Canadians, a major question is whether high resources prices will keep pushing the loonie upward vs other currencies
While bouncing exchange rates hold high risks for older investors, staying too close to home has its own downside
A bevy of funds that use hedging strategies to nullify the impact of currency movements have been recently introduced