Larry Berman CFA, CMT, CTAProSh Short S&P 500 E.T.F.SHBUYDec 17, 2012

This is a simple one for the US, and it plays the inverse of the S&P. There's one for the Canadian market, but he can't recall the ticker (it's part of the BetaPro Global X series, find it on their website).

US investments in an RRSP that have had some good gains. Would this be a good way to protect the gains? A 1 for 1 hedge in your portfolio makes a lot of sense. You have to look at your portfolio though, and decide how much you want hedged. If you hedge every $1, and if the market goes up or down, you are basically dead flat. You don’t really want to go there. 80% of the time, the market goes up, so maybe hedge 20% of your portfolio.

Would go up 1:1 if US markets decline.

Short S&P 500? Fx charges are a big determinant. No hedge.