hedging reduced , page-3

the obvious is there's less protection against exchange rate swings,

If the au climbs next to the yen, bad.

We obviosly want a stronger YEN to AU.

What do we expect for the two???

We're down atm on normalish volume.

Might be an oportunity to top up.

see where it goes,

while the currency hedges are reduced, the fundementals remain in better shape than most all other reits imo.

cheers