How do Foreign Currency Solutions work?

Foreign exchange (FX) transactions typically involve trading one currency for another in the currency market. However, currency markets also provide investors with a range of investment opportunities, catering to different needs.

For instance, forwards and options allow investors to exchange currencies at a predetermined rate in the future and are commonly used for hedging currency risk and taking a view on currency movements.

Investors can also use foreign exchange to increase foreign asset allocation (for example, buying shares in an overseas company) or utilise tailored Foreign Currency Solutions to potentially yield higher returns.

These investments can help manage currency exposure and risk, whilst allowing investors to potentially capitalise on market fluctuations, catering to various financial objectives and risk profiles.

What we offer

We provide a wide range of Foreign Currency Solutions, including spot transactions for straightforward currency exchanges, forwards and foreign currency options.

These solutions can help generate additional yield or hedge against unwanted market volatility. Whether you need to convert currencies, manage risk, or capitalise on market opportunities, we offer the expertise and tools to meet your foreign currency investment needs.

Benefits

Leveraging foreign currency as part of your investment portfolio can improve your returns by capitalising on the dynamic nature of currency markets.

Highly adaptable

Investing in foreign currencies can be tailored through a range of customisable strategies. This includes currency pair selection attuned to your market view, choice of time horizon and the level of risk you are willing to take.

Enhanced yields

Tailored Foreign Currency Solutions offer strategies designed to boost returns or effectively manage risk in rising (bullish), flat or falling (bearish) currency markets.

Diversify investment portfolio

You can diversify your investment portfolio beyond traditional assets like stocks and bonds. By holding a mix of different currencies, you can spread risk and reduce the impact of adverse movements in a single currency.

Considerations

Whilst foreign currency investing offers opportunities for profit, it also carries inherent risks. It’s important to understand the risks before investing.

Market risk

Trading currencies involves taking a view on currency movements, which can result in capital losses if predictions are incorrect. For example, foreign currency options derive their value from underlying currencies. Their worth fluctuates with currency pair movements, potentially causing losses if expectations are not met.

Liquidity risk

Generally, currency markets are highly liquid, however some tailored Foreign Currency Solutions, such as dual currency investments (DCIs), must be held until maturity.

Foreign Currency Solutions profile

We will work with you to assist you in choosing a foreign currency solution that aligns with your market outlook and investment goals.

Eligibility requirements

  • You must be a resident in Australia
  • Some Foreign Currency Solutions are only available to wholesale investors for the purposes of the Corporations Act 2001
  • Minimum investment amount varies depending on transaction type. For tailored FX solutions the minimum investment amount is $50,000 AUD.

Investment type

  • Spot foreign currency trading
  • Forward and futures contracts and options
  • Dual currency investment (DCI)
  • Currency linked deposit product (CLSD)

Investment horizon

  • Varies depending on product

Return profile

  • Income
  • Capital growth
  • Hedging

To further explore Foreign Currency Solutions, you can contact your investment specialist or call our Investor Desk.

How do Dual Currency Investments (DCIs) work?

DCIs can give you the flexibility to customise the risk and return of your investment. This video provides an overview of DCIs, highlighting key features and risks.

Explore private investment insights

Discover more about foreign currency from our experts.

Contact us

Talk to a specialist

To explore investment opportunities, contact your investment specialist or call our Investor Desk.

Call us on 1300 683 106

 

Email a specialist

Send us an email enquiry and one of our team members will get back to you.

Email us

For insights and research

Discover the latest thinking on investment insights, strategies and market commentary.

Explore more, opens in new window

Terms and Conditions

The information on this website is general in nature and based on information available at the time of publishing, information which we believe is correct and any forecasts, conclusions or opinions are reasonably held or made as at the time of publishing. The information does not constitute financial product or investment advice. Past performance is not necessarily indicative of future results. No warranty is made as to its accuracy, reliability or completeness. To the extent permitted by law, neither National Australia Bank Limited ABN 12 004 044 937, Australian Credit Licence and AFSL No. 230686 or any of its related entities accept liability to any person for loss or damage arising from the use of this information.

You should consider the relevant Product Disclosure Statement and Financial Services Guide (available on request) before deciding whether to acquire, or to continue to hold, any of our products. Target Market Determinations for these products are available at nab.com.au/TMD and jbwere.com.au/other/resources, opens in new window. Fees and charges are payable. Terms and conditions apply and are available on request from NAB. Our credit products are subject to eligibility and lending criteria.

All products and services mentioned on this website are issued by National Australia Bank Limited ABN 12 004 044 937, Australian Credit Licence and AFSL No. 230686 (NAB), except wealth advice services, which are provided by JBWere Limited ABN 68 137 978 360 AFSL No. 341162 (JBWere), and nabtrade, which is the information, trading and settlement service provided by WealthHub Securities Limited ABN 83 089 718 249 AFSL No. 230704 (WealthHub Securities). JBWere and WealthHub Securities are wholly owned subsidiaries of NAB.

WealthHub Securities’ and JBWere’s obligations do not represent deposits or other liabilities of NAB. NAB does not guarantee its subsidiaries’ obligations or performance, or the products or services its subsidiaries offer. You may be exposed to investment risk, including loss of income and principal invested.

Information correct as at January 2024.

©2024 NAB Private Wealth is a division of National Australia Bank Limited ABN 12 004 044 937 AFSL and Australian Credit Licence 230686. ©2024 JBWere Limited ABN 68 137 978 360 AFSL No. 341162. ©2024 WealthHub Securities Limited ABN 83 089 718 249 AFSL 230704.