HEUR - Betashares Europe ETF - Currency Hedged

[Ann]

HEUR is an ETF I have held since late November '20 just prior to the 'golden cross'. This is a cross over of the 50dma of the 200dma. It did quite well for me in the early days before it went into a sideways consolidation. I still hang onto it as I think after such a good long consolidation plus a couple of bounces off the 200dsma and back on board its long term support line there may be more upside.

These are its main holdings as of today

ASML Holding
LVMH Moet Hennessy Louis Vuitt
SAP SE
Sanofi
Siemens AG
L ' Oreal
Total Energies
Alliance SE
Air Liquide SA
Schneider Electric SE

https://www.betashares.com.au/fund/europe-etf-currency-hedged/

 

[Dona Ferentes]

HEUR is an ETF I have held since late November '20

Do you see any benefit in holding the Hedged version? In the longer run, there is an argument that it doesn't make much difference. There is a cost in the hedging, but returns back to the local currency are smoothed out (a bit).

My preference is to not use hedging.

 

[Ann]

Do you see any benefit in holding the Hedged version? In the longer run, there is an argument that it doesn't make much difference. There is a cost in the hedging, but returns back to the local currency are smoothed out (a bit).

My preference is to not use hedging.

Geez ROFL, I have no idea Dona, I am a chartist! This chart looked tasty, so I took a bite, so far it has had rather a pleasing reaction within my portfolio gut bacteria. Up 22% and still riding the rising support line from 2020. I expect more upside, 'cos that is what my chart says.