Blackrock Foreign Index ETFs (IEU, IAA etc), page-6

  1. 1,117 Posts.
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    Absolutely. When investing in unhedged positions, it's as much about currency movement as the market. Handy little calculator from Vanguard here which shows the level of impact you get just between AUD/USD on an investment.

    https://tool.vanguardinvestments.com.au/currencyimpact/ui/index.html.

    A hedged version would be simpler in terms of getting a cleaner shot at the actual market returns. But then you have to deal with hedging losses impacting distributions.
 
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