Traded Policies Fund targets Swiss investors

The volatility seen this week in the Swiss Franc highlighted the risks they - and investors globally - face when investing in foreign assets without currency hedging in place, according to MPL. Jeremy Leach, Managing Director of MPL, commented: "Swiss investors have a fairly limited range of investments denominated in their own currency. But investing in assets priced in foreign currencies has been particularly costly for them in the last few years because the Swiss Franc has appreciated so strongly, thanks to its peg against the Euro, neutralizing and even negating any investment gains...