Yes of course I get that the moment that I sell, exchanging the currencies will give me the same amount of £.
But my dilemma was more basic than that.
I was just wondering which one’s share price will rise more.
I understand it is the currency that is being devalued obviously.
It was a question of principle, not of usefulness.
Also to take an extreme example,
If I buy the fund in currency A which is worth 0.7 of currency B, and then after a month something huge happens and currency A devalues massively to say 0.1 of currency B,
the share price of an asset fund in currency A will sky rocket.
If I cash out at that point, obviously the cash I receive when exchanged to B would be equivalent to simply having bought B in the first place.
But if I wait for currency A to recover I now have a lot more cash.
Please correct me if Im wrong, because I already feel I got it, just wasnt expressing myself well