Search results

  1. U

    Do stocks have "base" currency?

    @anupama I mainly am referring to Bond Funds such as: Vanguard Global Aggregate Bond UCITS ETF EUR Hedged Accumulating. I am trying to understand the EUR Hedged part here. I will try to explain how I understand it and if I'm wrong correct me: This fund is bought in EUR. You can buy it for EUR...
  2. U

    Do stocks have "base" currency?

    @resjudicata I think I understood it now. The problem was that I forgot the fact that in an ETF there could be stocks that are from multiple countries. For example there is an ETF in EU and its price is in EU, however that ETF has stocks that are from EU and US. If the US stocks go up 10% and EU...
  3. U

    Do stocks have "base" currency?

    @resjudicata Yeah I know, but I'm trying to understand when we hedge, which currency returns are we trying to "match"? How do we determine that? If you buy Vanguard FTSE All World for EUR, are we trying to match the returns of the USD counterpart when we hedge. It can also be the other way...
  4. U

    Do stocks have "base" currency?

    @resjudicata I kind of understand, but what I'm confused about is the hedging part, if you looked at the video. There he is trying to match the returns that are related to USD. How does one determine which currency's returns are being matched. That seems to me to be 'base' currency, the one...
  5. U

    Do stocks have "base" currency?

    Hello I posted a question on r/personalfinace where I asked why are returns expressed in EUR lower then when they are expressed in USD. Someone replied that it's because of the exchange rate between these two but that stocks don't have "base" currency, they are worth what they are worth. This...
Back
Top