Five Ways Canadians Can Protect their U.S. Investments from the Falling U.S. Dollar

May 29, 2009 - PRLog -- The U.S. dollar has declined over 10% against the Canadian dollar since January 2009.  Consequently, Canadians who own U.S. equity mutual funds or exchange-traded funds (ETFs) or stocks of U.S. companies have lost over 10% this year just due to exchange rates.  According to independent investor and personal finance author Gail P. Bebee, Canadians don't need to become foreign exchange day traders to protect their U.S. investments from further declines in the U.S. dollar.  She suggests these five relatively easy-to-implement strategies which can help reduce the impact of U.S./Canada exchange rates on the investments of Canadians:
1.     Buy U.S. equity mutual funds which are hedged to the Canadian dollar.
2.     Buy U.S. equity ETFs which are hedged to the Canadian dollar.
3.     Invest in currency exchange-traded funds which bet against the U.S. dollar.
4.     Buy gold or shares of gold mining companies.
5.     Buy U.S. companies with substantial international business.
For more information or to arrange an interview, please contact:
Gail Bebee
Personal finance speaker and author of No Hype - The Straight Goods on Investing Your Money
All the investing basics for Canadians from a savvy financial industry outsider
Tel:  416-733-0221

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The Ganneth Company is a boutique Canadian publisher of fiction and non-fiction titles that reflect the Canadian experience. Our most recent title is No Hype –The Straight Goods on Investing Your Money by Gail Bebee.