Terry Shaunessy
iShares US Fundamental non-hedge Fund
CLU.C-T
DON'T BUY
Jul 24, 2013
Is this a good time to buy or would the hedged (CLU-T) be better? You don’t need to be hedged now. Cdn$ difference is only 1%-2%. No use in paying for a currency hedge that you don’t need. He tends not to be a fan on the fundamental index. When you are using an index, you are trying to cut down on the number of decisions you are making, or have been made in order to create this index. When you are into fundamentals, you are getting very close to actively managing an underlying index.
Is this a good time to buy or would the hedged (CLU-T) be better? You don’t need to be hedged now. Cdn$ difference is only 1%-2%. No use in paying for a currency hedge that you don’t need. He tends not to be a fan on the fundamental index. When you are using an index, you are trying to cut down on the number of decisions you are making, or have been made in order to create this index. When you are into fundamentals, you are getting very close to actively managing an underlying index.