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I've sold my GLD exposure and bought some local gold ETF. Cheers.

Thanks JackRab but I don't think mine account if FX hedged. My paper loss around $80 but paper FX loss two times that. Can't be hedged.

No not really. There are plenty of domestic funds and of course S&P 500 trackers but not too much of specific foreign markets.

Thanks Metamega. Yes, I was a bit confused and thought the strong USD was bad for my exposure. I now realise I've essentially bought USD and hence would be happy with a rising dollar. Cheers

Thanks for your response Xandman. My thinking was this; if i buy a fund traded in the US and change AUD into USD, if USD goes up in the future, the value of my AUD will drop. Hence the question. I now realise that if a USD fund goes up, so will my profits as long as AUD/USD doesn't go up in the...

Hi all I live in Australia and apart from being able to buy some some generic US funds like the S&P 500, there's not a lot of international exposure traded on the ASX. This led me to signing up with Interactive Brokers and purchasing some US Financials and Gold bullion funds (VFH and GLD...

I am hoping to achieve a safer trade of course. Pardon my ignorance but would you normally only hedge individual positions (equities) as opposed to ETF's?

Thank you for all the response. It's not an ETF I am intending on trading in the short term so possibly a hedge is not required. What are your postitions on the Financials for the upcoming year? We've already seen a 20% rise since the election, is there more scope for growth do you guys think?

Hello. Newcomer this site and looking to buy the US Financials Ishares IYF and would like to hedge it with another ETF. I was thinking Gold but what would be your recommendations? Cheers