In short, as daviddem explains above ... yes, you have this right. But give yourself a pat on the back for realising this. It is confusing when you first encounter it. And even finance writers and other professionals regularly get this wrong.After thinking it through and reading further, it seems like switching doesn't make much sense. Both VWRA and VWCE are globally diversified and denominated in various currencies (mostly USD). So, if the USD weakens and I eventually exchange back to PLN, the result would likely be similar regardless of whether the fund is priced in USD or EUR. Am I understanding this correctly?
Statistics: Posted by TedSwippet — Sun Nov 17, 2024 2:46 am — Replies 3 — Views 156