Nasdaq ETF

Water Cooler Investing
#1

I’m a UK investor and i want to add a position on Invesco EQQQ NASDAQ-100 which is the GBP hedged.

Question is what happens when USD weakens, am i losing out here? When the fund goes to roll the hedge it has to be remarked…and the MTM loss i presume hits the investors? any of you know how this all works?

#2

It the ETF is hedged back to GBP then currency movements won’t change returns. If it was unhedged, then you’d have to account for GBP:USD.