Sarasin launches two hedged sterling funds

Sarasin & Partners is launching two global equity funds which mirror its existing EquiSar Global The...

Sarasin & Partners is launching two global equity funds which mirror its existing EquiSar Global Thematic and Sarasin International Equity Income funds. The funds will give investors access to the upside of capital growth in global equity markets without being affected by wide moves in cross-currency exchange rates. Both funds will aim to hedge foreign currency exposure back into sterling on the underlying investment portfolio to the value of approximately 85%-95% with a target level of about 90%. It adds although a full 100% hedge may be achieved at times it is unlikely this will be ...