Currency Forwards

An introduction to currency forwards, how they are used and valued by investment funds.

Single User

€49

Purchase gives you 30-day access to videos, script and online test

Multiple Users

€14*

Free Trial

Multiple Users | 365 Day Access *Assumes 8 courses for 200 users. Contact us for a quote for your organisation.

Single User Discounts

  • Purchase 2 get 10% discount
  • Purchase 3 get 15% discount
  • Purchase 4 get 20% discount
  • Purchase 5 get 25% discount
  • Purchase 6 or more get 30% discount

5 Training Videos

  • Currency Markets (7 mins)
  • Forward Rates (7 mins)
  • Gains & Losses (9 mins)
  • Uses of Currency Forwards (8 mins)
  • Hedged Share Classes (8 mins)

Details

  • Prepared By Alan Farrell
  • Duration 43 minutes
  • CPD/CPE Credits 0.5
  • Contents 5 Videos | Documents | Test

Who is this For?

Fund professionals that need an understanding of the essential features of currency forwards and how gains and losses are calculated.  An appreciation of how investment funds operate and a basic understanding of the net asset valuation (NAV) process would be of benefit

Learning Outcomes

At the end of this module participants will be able to

  • Explain what is meant by spot foreign exchange trades and forward foreign exchange trades, also known as currency forwards 
  • Describe what is meant by bid and ask rates 
  • Describe what is meant by direct and indirect quotes
  • Explain why forward rates are different to spot rates
  • Calculate realised and unrealised gains and losses on currency forwards
  • Describe how investment funds use currency forwards to hedge portfolio assets
  • Discuss the reasoning behind hedge share classes
  • Describe how hedged share classes are operated.

Single User

€49

Purchase gives you 30-day access to videos, script and online test

Multiple Users

€14*

Free Trial

Multiple Users | 365 Day Access *Assumes 8 courses for 200 users. Contact us for a quote for your organisation.

Single User Discounts

  • Purchase 2 get 10% discount
  • Purchase 3 get 15% discount
  • Purchase 4 get 20% discount
  • Purchase 5 get 25% discount
  • Purchase 6 or more get 30% discount