GLOSSARY

Hedged share class

IN PLAIN ENGLISH

A fund share class that uses currency contracts to remove most of the effect of exchange rates.

WHERE YOU MEET IT

A separate line with its own ticker, tracked like any other fund.

WATCH OUT FOR

Hedging removes the currency's gains along with its losses, and has a small cost.

EXPLAINED IN

Currency risk when you own overseas shares

Educational content only. It is not personal financial advice.