Seeking Alpha

Deutsche Bank launches its Germany Hedged Equity Fund (DBGR) today, the first U.S. ETF allowing...

Deutsche Bank launches its Germany Hedged Equity Fund (DBGR) today, the first U.S. ETF allowing investment in that country's stock market while neutralizing exposure to changes in the euro/dollar exchange rate. The unhedged Germany Index Fund (EWG) is up 35% Y/Y. WisdomTree - whose hedged Japan fund has been a blockbuster success - is working on its own hedged German ETF.
Comments (1)
  • David Atherton
    , contributor
    Comments (37) | Send Message
     
    So this is $EWG divided by $EURUSD, in other words a direct tracking of the $DAX as if it were a dollar-denominated index. eg if you bought at say 8000, and sold at 8800, you would make 10% in $, irrespective of the Euro. Good idea.
    31 May 2013, 12:58 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|