Q: I hold HHL. I saw your response to another question where you are not enamored of the C$ right now. HHL is CAD hedged and HHL.B is CAD unhedged. The distributions are identical. Is there any advantage in switching from HHL to HHL.B?
Thanks
Thanks
5i Research Answer:
There is not an 'advantage' but simply HHL.B will do better if the US dollar rises in value versus C$. So it is a currency call instead of an advantage. But we would still see it as a worthwhile switch overall.