Q: Hello team, thank you in advance for your perspective. If the US and Canadian dollar fall relative to the Euro, can one predict whether it would be more helpful to own a European ETF in CAD or US dollars? Is it more advantageous to own both a hedged and unhedged version of Europe to help cancel out currency effects? Would you consider a combination of the above two funds as one way to cover off potential currency changes? Please deduct as many points as appropriate to help enhance my understanding of this puzzle.
You can view 3 more answers this month. Sign up for a free trial for unlimited access.
Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
-
BMO Europe High Dividend Covered Call Hedged to CAD ETF (ZWE)
-
BMO MSCI Europe High Quality Hedged to CAD Index ETF (ZEQ)
Q: Hi Team I am looking for both ETF and stock exposure to Europe. The above two ETF's seem like good choices? Would you recommend them or do you have some other ETF preferences? Also are there a couple of European stocks you would recommend? I currently own LXFT, Luxoft and am looking at EEFT. Euronet. Thanks Team Chris
-
BMO Europe High Dividend Covered Call Hedged to CAD ETF (ZWE)
-
BMO MSCI Europe High Quality Hedged to CAD Index ETF (ZEQ)
-
Vanguard FTSE Developed Europe All Cap Index ETF (VE)
Q: Ryan,
Can you please provide a couple choices of best in class ETFs that would give best exposure to Europe?
Thx
Can you please provide a couple choices of best in class ETFs that would give best exposure to Europe?
Thx
Q: The ETF ZEQ has a yield of 2.09%. If I understand, there are withholding taxes of 15% on foreign dividends. Is this included in that yield of 2.09%? If not, then what I get in my account is 1.77%?