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September 5, 2017

Clipped: Foreign funds that ‘hedge' against currencies lag

By STAN CHOE
AP Business Writer

NEW YORK — Foreign-stock funds have been some of this year's biggest winners, but many investors aren't feeling the full benefit.

When buying a foreign-stock fund, investors increasingly have two options: One insulates investors from the swings in returns that can be caused by shifts in the dollar's value against the euro, yen and other currencies. These are funds that “hedge” against currencies, while the other group lets investors feel their full effect.


 
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