What is exchange rate risk? How does it impact the value of a global bond fund for
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What is exchange rate risk? How does it impact the value of a global bond fund for a Canadian investor?
Exchange RateThe value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars...
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Global bond funds are subject to exchange rate risk alon...View the full answer
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