News

Reducing hedging boosts returns

Thursday 18th of June 2015

The New Zealand dollar fell from US76c to US71c over May, at the same time as global equity markets rose.

AMP, Pathfinder and OneAnswer all reported 6% to 8% increases in their global share funds in the month. Fund managers who maintain a fully currency hedged position rose only up to 2% over the same period.

Over May, $100 invested in Nikko’s Global Equity Fund would...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.