I have a lump sum investment with standard life, and two or more of their active investment funds offer euro currency hedging (uk property fund and global equities). I understand that currency hedging offers protection against currency fluctuations but with the downside of somewhat increased charges.
I am just wondering how does it work, and does it have any downsides other than lower returns due to increased charges, particularly in view of concerns about the future of the euro
I am just wondering how does it work, and does it have any downsides other than lower returns due to increased charges, particularly in view of concerns about the future of the euro