FNB500 sitting at R120.36 gives decent exposure to the S&P 500 without currency hedging, so you're betting…by @julianreins_jse on $FNB500

FNB500 sitting at R120.36 gives decent exposure to the S&P 500 without currency hedging, so you're betting on both US equities and rand weakness. With the US market trading at elevated multiples, is anyone actually comfortable holding this unhedged at current levels or are you wa