The depreciation of GBP has left many investors wary of the UK equity market. Lyxor’s new ETF which tracks the FTSE 100 100% Hedged to USD Net Tax Index allows…
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investors to access the performance of the FTSE 100 Index whilst protecting against depreciation of the GBP/USD exchange rate. This exposure comes with a low cost of just 0.30% and adds to Lyxor’s existing range of Global, European, and Japanese currency hedged exposures.
Source: ETFWorld.co.uk
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