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  5. XUU: The Canadian Dollar has weakened against the US and is reaching relatively historic lows (for the last 10 years). [iShares Core S&P U.S. Total Market Index ETF]
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Q: The Canadian Dollar has weakened against the US and is reaching relatively historic lows (for the last 10 years). For Registered accounts like an RRSP and TSFA where there are no tax implications of selling, would you support the switch from Non-hedged ETFs to CAD-Hedged ETFs? For example, the switch from XUU.CA to XUH.CA
Asked by Jeremy on October 31, 2024
5i Research Answer:

Long term readers of this Q&A forum will know we prefer unhedged products generally. While such a proposed move is a call on currency, we would still be comfortable with a switch. All signs (which could of course still be wrong) point to a continued relative outperformance of the US dollar in the medium term. 

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