Currency protection // Peculiarities of operations with currency exchange-traded funds

The high volatility of the Russian currency is forcing private investors to think about protective instruments. For these purposes, units of exchange-traded funds that invest in foreign assets, which can be purchased not only for rubles, but also for foreign currency, may be suitable. But due to the peculiarities of Russian legislation, conversion operations will still be required, but already in a transaction between a management company and a market maker. In addition, do not forget about the peculiarities of calculating the tax base, which takes into account currency revaluation.