Don Vialoux
iShares S&P Europe 350 E.T.F.
IEV-N
COMMENT
Apr 14, 2015
Is this a good time to buy a European ETF and should it be hedged? Historically European equity markets have almost identical seasonality to North American equity markets. Normally from around the end of October right through to the 1st week in May. The way to play this is through iShares S&P Europe 350 ETF (IEV-N). This is 350 of the largest companies in Europe. A really good way of playing the market.
This is a play on Europe. Thinks there will be interesting changes going through in France. The issue here will be what you think of the Cdn$. His view is that it's probably near the top end of its range.
This is the equivalent of a European S&P 500. It tracks the S&P Europe 350 index. Actually, the UK is the biggest part of this. England is doing quite well and he thinks it will continue to lead Europe.
Historically it does well from February until May, about a 10% gain. Fiscal stimulus will aid this trend. It will happen in Europe. When this happens IEV-N will do very well.
Is this a good time to buy a European ETF and should it be hedged? Historically European equity markets have almost identical seasonality to North American equity markets. Normally from around the end of October right through to the 1st week in May. The way to play this is through iShares S&P Europe 350 ETF (IEV-N). This is 350 of the largest companies in Europe. A really good way of playing the market.