Geographical Diversification and Currency Hedging

The Investment Committee selects stocks exclusively on the basis of their effectiveness in enhancing the value of the portfolio regardless of geographical nexus of the holding.

For those clients who so chose, the currency exposure generated by this approach can be then hedged back into the chosen base currency of the investor. This allows the benefits of international equity exposure without creating unwanted foreign exchange risk.

The hedging of foreign currency exposure can remove another element of potential volatility from the portfolio.