Hi all,
If anyone checks out Eddie Hobbs website or his news letter he is suggesting for investors concerned about the future of the euro, 2 funds & Gold Certificates from the Perth Mint (Australia).
The first bond he is suggesting is Global Inflation Bond Fund with a Euro Hedge Location; Luxembourg SICAV managed by Standard Life.
The second fund is AAA Rated Australian Dollar Liquidity Fund. Fund manager JP Morgan. Location; Luxembourg.
Im just wondering has anyone invested in either of the Bond or the fund, or what you all think of this as a investmant for a someone very concerned about the value of there cash on deposit, with the mess europe is in.
Exchange Traded Funds are a legitimate alternative - there are ETFs to cover both of the above suggestions and you may find they are cheaper, easier to buy and a good deal easier to sell as you are dealing through a stockbroker and don't need to complete paperwork with each transaction once your account is established.
There are a plethora of Currency ETFs available and it is one of the easiest way of transferring from Euros to another currency and can be done via your normal stockbroking account.