Introduction to Options

1. Buying a $US ETF on ASX is consistent with the view that the $A will strengthen against the $US.

TRUE FALSE

2. You have bought a $US dollar ETF on ASX. After your purchase, the $A declines against the $US. What is the price of your ETF likely to do?

Rise Fall

3. Are the costs of trading currency ETFs likely to be lower than those of trading directly in the foreign exchange market (for retail investors)?

Yes No