CFA Level 3 | Currency Management: Calculating Unhedged Returns

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CFA Level 3
Reading: Currency Management: An Introduction
When calculating the unhedged return of a foreign investment, make sure the currency is quoted in DC/FC terms. DC is the currency that the fund is denominated in and FC is the currency that the foreign asset is denominated in.

[@alassanendiaye6591]

Great ! Very clear . I wish you had your own CFA Review Videos

[@gargijain3800]

Very crisp and clear explanation...thanks u sir...

[@igrok878]

excellent, very clear

[@yyman9100]

This Video is awesome! never notice this pitfall when I revised on my own 😂

[@husainismaeel2981]

Great video, thanks! Would it be possible to make one on rebalancing a currency hedge when there's a mismatch?

[@KD-el9uq]

how is the GBP weakening?
1 GBP could buy you 1.2 USD and now buys you 1.26 USD

[@FabianMoa]

In the video, I said "dollar has weakened".

[@KD-el9uq]

@@FabianMoa thank you. v good video