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View Diary: Romney Invested in Swiss Francs, Hedged against US Dollar. (84 comments)

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  •  Depends on when he bought and sold. (3+ / 0-)
    Recommended by:
    elwior, Pluto, Inland

    The Swiss franc's value in dollars dropped a lot in August-October (-22%), when the Swiss announced that the value of the franc would be pegged to the value of the euro. You could buy the ETF FXF at $80 per share in 2006, sell at $136 at the peak in August 2011, or hold until the present, where the ETF price is back to $107.

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