For a Canadian living in Switzerland, should I hedge or not hedge with True Wealth?

[Mtwinston]

(This is in addition to my last post of VT vs. VWRD - which is another option for me)

I have 124’000 USD to invest (but am not American, I’m Canadian living in Switzerland), and aside from investing it myself such as in my last post, I’m wondering whether for peace of mind, I should use True Wealth instead since you can deposit USD (unfortunately when you sell it, they hand it back in CHF). I recognize there’s a premium compared to DIY, but again, this would be for ease and peace of mind if anything.

The question is… if I have USD and may move back to Canada eventually, does it even make sense to hedge to CHF? On one hand, it doesn’t make sense to me because the USD is at all-time lows compared to the CHF, on the other hand, it would avoid currency volatility until I eventually sell it to move back to Canada and perhaps convert to CAD.

Any educated thoughts? Thank you in advance!!

 

[ledgersalami]

(This is in addition to my last post of VT vs. VWRD - which is another option for me)

I have 124’000 USD to invest (but am not American, I’m Canadian living in Switzerland), and aside from investing it myself such as in my last post, I’m wondering whether for peace of mind, I should use True Wealth instead since you can deposit USD (unfortunately when you sell it, they hand it back in CHF). I recognize there’s a premium compared to DIY, but again, this would be for ease and peace of mind if anything.

The question is… if I have USD and may move back to Canada eventually, does it even make sense to hedge to CHF? On one hand, it doesn’t make sense to me because the USD is at all-time lows compared to the CHF, on the other hand, it would avoid currency volatility until I eventually sell it to move back to Canada and perhaps convert to CAD.
doodle jump
Any educated thoughts? Thank you in advance!!

I think the key issue is matching the currency to your future spending rather than trying to predict FX movements. If you may eventually return to Canada, converting USD to CHF adds another currency layer. I’d compare the total True Wealth fees and FX costs with a DIY approach, then consider how long you expect to remain in Switzerland before deciding.