Investing Overseas

markets are not highly correlated with us. But during periods of crisis, markets tend to go down together. For example, the m ci all country world index, wi is unhetged, all countries around the world are down zero point five % year to date,. That's quoted and us Dollars. If you weare currency hetge, you essentially got the local returns of the oversea market. So in local currency terms, for example, the austria, austria is up 20% year to date. Belgium is up 29%. Once you protect us, a dollar strengthened in 20 15%, that means of your us Investor investing overseas and you've not currency hedge, then you