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in an unhedged global fund, a falling Aussie dollar is...

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woollydog

3,456 Posts.

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11/08/19

01:17

Post #: 39953293
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Originally posted by pete11: ↑

Hi guys, ive got a question about VEU which is an ETF listed on the asx.
Would any of you guys please try and answer my 1 questions on the VEU thread, as no one has EVER posted anything on the VEU thread, its basically about US withholding tax on the divvies and it says the ETF is UNHEDGED, so would that mean a stronger AUD$ would be good or a weaker AUD$ would be good for unitholders of this ETF?

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in an unhedged global fund, a falling Aussie dollar is beneficial.
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