Opinions
Som Seif
Currency Share Canadian Dollar ETF
FXC-N
COMMENT
Mar 13, 2009
Trades the US$ against the Canadian$. Not leveraged but are a one to one ratio.
$78.540
Stock price when the opinion was issued
E.T.F.'s
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
You might be interested:
RISKY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research
There are not a lot of options other than just holding C$ cash. There is an ETF that represents the C$, symbol FXC in NY. Assets are $61M, fees 0.40%, no leverage. It is down 4.4% in the past year with the C$ falling. Generally, we would view such securities as a 'bet' on a currency, rather than an investment. We would, today, still prefer the US$ overall.
Unlock Premium - Try 5i Free
E.T.F.'s
Advertising