Note: This article is courtesy of Iris.xyz
By John Lewis
If you’re headed to Europe this summer, chances are good you’re going to see a nice boost to your budget due to the exchange rate. The current strength of the dollar has certainly been great for US tourists, as well as US-based companies who source goods overseas. But it hasn’t been such a windfall for international companies or their investors. As an advisor, that can present a tough challenge. Your clients need the international exposure, but the strong dollar limits the opportunity for return. The media isn’t helping either, making your clients wary about non-US investments. With China’s economic woes just the tip of the iceberg, it’s no wonder international stocks been out of favor for years.
Despite the obstacles, international stocks are a vital part of a strong, diversified portfolio. But how do you persuade your clients to take the leap? And even if they do, what’s the best way to go about adding non-US assets to a portfolio when you’re working with smaller clients for whom mutual funds aren’t the best option?
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