Answer:
Explained below.
Explanation:
Any mutual administrator fund of a country capital wishes to hedge the portfolio toward a market deterioration. A most helpful strategy is to buy narrow-based puts, the "country" fund is composed of the stocks of companies located in a single country, such as the Japan Fund; or the Mexico Fund. The buoyancy of such funds varies from the buoyancy of the market as a whole. One best way to hedge is with index puts, such as the Japan index choice; or the Mexico index selection. These are narrow-based agreements.
