We have conflicting currents. While the European and Asian markets are expected to rebound this year, so is the USD.
It is for that reason that I didn't recommend the I fund.
It is also for that reason that so many fund managers are now offering these indices, with the USD being removed as a consideration. It is referred to as being "currency hedged." The I fund is not currency hedged.
http://www.direxioninvestments.com/currency-hedged
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Posted by: sarah_oz@yahoo.com
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