Interesting article/explanation here.
The basic premise is that if you (in the Eurozone) buy a US domiciled ETF in US dollars, but the base currency is exclusively Euro (e.g. iShares MSCI Eurozone - EZU), then there is no currency fluctuation risk.
Is the theory sound?
http://monevator.com/currency-risk-fund-denomination/
The basic premise is that if you (in the Eurozone) buy a US domiciled ETF in US dollars, but the base currency is exclusively Euro (e.g. iShares MSCI Eurozone - EZU), then there is no currency fluctuation risk.
Is the theory sound?
http://monevator.com/currency-risk-fund-denomination/