Investing in Exchange-traded Funds on ndovu with Lynet Kyalo.
Автор: Ndovu
Загружено: 2023-08-17
Просмотров: 1712
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The Kenya shilling has been depreciating against major currencies such as the US dollar, the euro, and the pound sterling for the past few years. This depreciation has eroded the value of savings and investments regarding foreign currency purchasing power.
This means it can buy fewer goods and services when the Kenyan shilling loses value against other currencies, such as the US dollar, the euro, or the pound sterling. It also means that the goods and services priced in US dollars become more expensive for Kenyans.
To protect your wealth and hedge against currency risk, consider alternative investment options such as exchange-traded funds. But which one suits your goals & current financial situation? How do you compare their returns, risks, and costs? Which is the better alternative to hedge against the Kenya shilling depreciation?
To answer these questions, watch the webinar recording as ndovu financial advisor, Lynet Kyalo explores the pros and cons, fees, factors to consider, and the returns of exchange-traded funds as investment options in the current economic environment.
Learn more about ndovu https://ndovu.co/.
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