I want to buy some dividend ETFs.
I have been looking at the excellent sheet of @j4ck https://docs.google.com/spreadsheets/d/1o9Yu0BZHmL5eC_GqNTW47zvvW6AiXaB6CYnG8JRzRSw/edit#gid=0
I don’t understand why IHHG is “hedged” https://www.ishares.com/uk/individual/en/products/295888/ishares-high-yield-corp-bond-ucits-etf-gbp-hedged-dist-fund
I found only this
There is USD cash holding
A lot less GBP cash holding
What does this all mean for me as an investor? Is this good for me in case the GBP plunges to new depths?