I am probably a bit of a dummy but I don't understand how you can hedge against the MZN/KDR legal issues if you put them in one basket.
ASX Stocks, Currencies, Commodities, Futures, Indices etc... I just can't see a correlation or inverse relationship with any of these instruments against the MZN/KDR basket?
Probably have become lazy in my thinking but would really appreciate an insight into your hedging strategy.
Thanks.
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MZN Price at posting:
1.6¢ Sentiment: Hold Disclosure: Not Held