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Overlay Asset Management


Website: 
www.fxoverlay.com


AGEST and OAM

AGEST has employed OAM to hedge the foreign currency exposure of the fund's international shares portfolio.
 

Objective and Strategy

The Trustee of AGEST has decided that all the foreign currency exposure of the fund's international shares portfolio should be hedged to back to Australian dollars (where practical to do so).  This excludes the amount held in the International Shares (Unhedged) investment option.

OAM has implemented this hedging strategy with a passive currency overlay that hedges out the effect of changes in foreign currencies on our portfolio.




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