What does SGD-hedged mean?
SGD-hedged refers to the investment share class designed to minimise currency risk for you. Specifically, SGD-hedged share classes aim to reduce the impact of exchange rate fluctuations between the fund's base currency (USD) and the Singapore Dollar (SGD).
By investing in SGD-hedged share classes, you can gain exposure to assets denominated in foreign currencies without taking on the full accompanying currency risk, allowing you to diversify your investments without exposing yourselves to unwanted currency fluctuations.