If the usd goes down what happens to international mutual fund shares?

1 ⤊

If the usd goes down what happens to international mutual fund shares?

Schwab

2007-11-10 15:11:17 · 3 answers · asked by meyers66 1 in Business & Finance ➔ Investing

3 answers

Exclusive of their individual performance they go UP because from our point of view they are based on a dollar which is worth less.
Or from their point of view they are based on a currency that is now worth more compared to ours.

2007-11-10 15:23:25 · answer #1 · answered by don_sv_az 7 · 1⤊ 0⤋

It depends on the stock market that has the stocks in this fund
It depends on what happens to the currency in relation to US funds
It depends on the market sentiment for This countries stock market & currency.

2007-11-11 02:10:12 · answer #2 · answered by bob shark 7 · 0⤊ 0⤋

beats me

2007-11-10 23:13:28 · answer #3 · answered by MakinMoney 2 · 0⤊ 1⤋