Currency hedged versions of 5 flagship iShares international ETFs (EFA, EEM, EZU, EWJ, EWG) seek to provide the local currency performance of stocks in EAFE, Emerging Markets, the European Monetary Union (EMU), Japan and Germany.
Over the period covered by our study, investors turned to
ETFs to access fixed income markets efficiently. ETFs
provided investors with an important vehicle for managing and
transferring risk, even in the face of the liquidity constraints of
the underlying bond markets.