In Investing, Money

Investing Series: What does Currency Neutral mean?

Currency neutral just means that it takes into account or “hedges” for your invested currency (your dollar).

Hedging means it accounts for any major spike or drop in the currency exchange rates.

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So, currency neutral versus “regular” funds means that you get the same set of returns from both funds, but one is hedged for let’s say, the Canadian dollar dropping overnight.

You will be safeguarded against that.

You will notice that the currency-neutral index fund has a slightly lower rate of return as a result versus the “regular” one, but it is supposedly “safer”, although what that really means, is another discussion.

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Sherry of Save. Spend. Splurge.

Am my own Sugar Daddy. Am a millionaire at 36 after getting out of $60K of student debt in 18 months, a little over a decade earlier, using TheBudgetingTool.com. I have worked 50% of my career (taking 1-2 year breaks), and quadrupled my income within 2 years of graduating, going from $65K to $260K with an average lifetime savings rate of 50%. I have 11 side incomes that are on track in 2020 to make me $50K - $75K. I could retire today if I wanted, but love my work-life balance as a freelancing consultant in STEM (Science, Technology, Engineering, Math). I am all about balance - between time and money, and also enjoying my money. I also post daily on Instagram @saverspender.

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