I will get questions seeking my views about how do I look at the issue with investing in UCITS ETFs since most of them are denominated in USD.
I think this question comes up even more as gold prices soar as compared to assets denominated in fiat currencies. The worries on the USD is not unfounded. The country is currently running a large fiscal deficit that many thinks it is sustainable.
Yet, they think that the USD is too overvalued and should be cheaper. With all this, there is a real fear that if you invest in a set of funds denominated in USD, this will affect your wealth building or retirement significantly.
Instead of sharing my views, like in the past, I happen to have a fund which is denominated in different currencies.
The Dimensional Global Core Equity can be seen as a fund advisers use to construct the core anchor position in their portfolio....