Don’t Follow The Crowd Into The Wrong Index Funds


Currently, the most popular index funds in the United States are “currency hedged” ETFs.

In this article, I explain what they are.

And I try to convince you not to buy them.

Image courtesy of

“Popular” doesn’t mean smart

Andrew Hallam

I’m a financial columnist for Canada’s national paper, The Globe and Mail, as well as for AssetBuilder, a financial service firm based in Texas. I’m also the author of Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School (2nd Ed. Wiley 2017) and The Global Expatriate’s Guide To Investing: From Millionaire Teacher to Millionaire Expat (Wiley 2015). My mission is to educate, motivate and inspire people on basic retirement planning and best practices for investing, using evidence-based strategies. I'm happy to comment on your questions. However, please read the Terms of Use, Privacy Policy and the Comments Policy.

You may also like...

3 Responses

  1. jeff howe says:

    Hey Andrew, it’s jeff Howe here hope all is well… I have a week off so reading through your website.

    Nice work!

  2. Charlie says:

    Hi Andrew,

    Happy new year, almost.
    I am currently running a portfolio of 70% VWRD and 30% IGLO on the LSE.

    Do you see anything wrong with buying other funds to makeup the following portfolio.

    VWRD – 50%
    IDP6 (S&P small cap) – 10%
    IDWP (global REIT) – 10%

    IGLO – 15%
    LQDE (Corporate Bond) – 15%

    Although this is not an exact Ric Ferri portfolio, I’ve been reading some of his articles and like his thinking.

    And one last question, why do you never recommend TIPS / Treasury Bonds in your books for non-Americans? They seem to perform well relative to some of the Global Bonds?

    Warm regards,

Leave a Reply to jeff howe Cancel reply

For your privacy we strongly recommend you do not use your full real name. While your email address will not be published, it may reveal your photo or a recognizable image if it is associated with It is strongly suggested you do not use a corporate or ISP email address. Before your comment is published you will receive an email asking you to confirm your email address. Select "Notify me of follow-up comments via email" to receive notifications of replies and be able to adjust your subscription. Published comments will not be deleted.

By clicking "Post Comment" you confirm you have read and agree to the conditions on the Legal Page; including the Privacy Policy, the Cookie Policy, and the Comments Policy.  We reserve the right to not publish comments that do not meet guidelines.

Do NOT follow this link or you will be banned from the site!