• Account Access
  • Contact Us

    Pre-Sales Support

    Mutual Funds and ETFs - 800-456-7526
    Monday-Thursday: 8:00 a.m. – 6:00 p.m. ET
    Friday: 8:00 a.m. – 5:00 p.m. ET

    ETF Trading Support - 415-315-6600
    Monday-Friday: 9:30 a.m. – 5:00 p.m. ET

    Post-Sales and Website Support
    888-843-7824
    Monday-Friday: 9:00 a.m. - 6:00 p.m. ET

  • Advisor Log In

Market Perspectives

Chart of the Month

Currency Hedging Can Turn a Negative Into a Positive

Five-year sovereign yields when hedged to USD

chartMonth_june2019

Source: Bloomberg and Wellington. Data as of 12/31/2018. When an investor hedges a non-US dollar currency back to US dollars, the additional yield earned on the currency-forward contract more than offsets the negative yield on the underlying sovereign holding in the non-US dollar currency. Taking a German bund as an example, a 5-year German bund yields approximately -0.32%. On a USD-hedged basis however, the bund yields approximately 2.87%, which is a premium relative to the US 5-year (2.51%). Past performance is not a guarantee of future results. For illustrative purposes only.

Read Insight >

Stat of the Month

Statofthemonth_june2019

Data Source: National Bureau of Economic Research, 6/19

Global Investment Strategy
from Nanette Abuhoff Jacobson

Are US-China trade tensions here to stay?

Tensions between two of the world’s largest economies could be a lingering headwind for global markets.

Advisor Report

WMR_thumbnail

212074