iShares MSCI Germany ETFEWGDON'T BUYNov 23, 2017Stock price when the opinion was issued
As of Jun 05, 2026. Market Open.
Whatever happens in the US affects the rest of the world. He wouldn't recommend emerging markets, as they tend to underperform if/when there's a recession.
Investors would be better off buying the best companies in the German market, rather than the whole German market. Germany's the 4th-largest economy in the world, but it's had a bunch of issues with its own deficit and economic slowdown. He owns specific stocks in Europe.
For single country exposure he likes it. There is not a single play on German in Canada yet. FLGR-N is a non actively managed ETF and he prefers it because active managers in Germany are going to have a hard time outperforming the index.