Hi guys, hopefully there's no 100 post rule here :) Long time listener, first time caller.
Was hoping someone could dumb this down for me. Super quick background:
I'm Canadian, this is regarding the funds I'm holding in my employer contribution RRSP plan. The holdings are in typical Couch Potato proportions. My question is about the US index portion of it; there is a US Equity Index fund, and a Hedged US Equity Index Fund. Could someone explain "hedging" to me as if I were five, and recommend one or the other? Thanks in advance mustachios.