News

The Risk that Often Isn't Risky

Thursday 2nd of December 2004
Let's start with why an international share investment is sometimes risky. If you invest in offshore shares or an international share fund, and then the value of the Kiwi dollar rises against the currencies in which you're invested, when you finally bring your money back home you will receive less than if the dollar hadn't moved.

The reverse is also true, of course. If the Kiwi falls,...
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