Most investors own international equities as a component of a diversified portfolio. But when foreign stock mutual funds are denominated in dollars, a rise in the value of U.S. currency means that the value of your international shares fall in value. Some managers “hedge” their risks, buying futures contracts to protect themselves from fluctuations in the value of currencies, but this will increase the management fees charged, and reduce your profit over all.
For a story dealing with this issue, I chose the symbol of George Washington from the one dollar bill. Using the liquify filter in Photoshop, I was able to change his expression, narrowing the eyes, turning the corners of his mouth down, and furrowing his brows slightly. The ‘angry’ George was then used to help illustrate the piece.