Larry Berman CFA, CMT, CTA Lehman ABS Corp. XVG-N DON'T BUY Nov 25, 2013

Hedging, how does it work? They lock in contracts with hedging for each month but if the fund grows during the month, the excess is not hedged. Normally ETF Fx hedging works well. ZSP would give you all the benefit from the declining Canadian dollar.