What if I told you that you can buy shares in a company at a 20% discount to everyone else? Well that offer is now available only to Canadians, who due to a confluence of factors are the coolest kids on the currency block!
We all know how much attention the Loonie has been getting over the last couple of years, all of which is due to some very good reasons (Oil, Gold, Banking System, and Speculative Interest). However, there becomes a point when all that good news gets baked in (priced to perfection so to speak) and one has to look at the other side of the coin.Can the Loonie continue to make international investments significantly cheaper? Sure, but the scenario for that to happen is not likely to happen in the near term; hence, we recommend investors take advantage of this sale, which won’t last forever. The best vehicle, taking into consideration global overseas opportunities, in our opinion is the Van Arbor World Fund.
Below are charts of the some of the current currency dynamics:
US Dollar sale from a Canadian Perspective (too much speculators could be an opportunity to capitalize on Loonie strength)
The US Dollar index versus major currencies (priced for doom yet hanging in there)
The MSCI World Index discounted by the Canadian Dollar strength
Japanese Yen and British Pound relatively cheap as well.
