@Pazza Hedging for global ETFs that use 14 different currencies and trade themselves globally in various different currencies makes absolutely 0 sense.
The only thing that is clear is, hedging ETFs produces way higher costs for the end user which means you more likely make more money with a non hedged and cheaper world ETF in the long run.
You cannot insure yourself against global currency fluctuations in a world ETF. Over time these fluctuations will nullify each other.
In my opinion hedged ETFs are a product of the marketing team of BlackRock to have a new shiny ETF product to sell. It makes people believe a hedged ETF is somehow safer\better when its not. Fluctuations can be positive and negetive in the short term and can be ignored in the long-term.
Its why I have campaigned here for a non-hedged world ETF but it seems like Freetrade has other priorities atm. I know as soon as Freetrade offers a cheaper non-hedged version I buy the cheaper one.