Stock price when the opinion was issued
XEH vs. XEU European valuations are much more attractive than US ones. Both are great for broad-based European exposure. Look at EUFN to supplement your core holding, a good value play. Very difficult to make an assessment of the Euro to the CAD. Both are around fair value now. He'd lean to the hedged version, XEH. The EM currencies provide the most attractive value right now so, if your risk tolerance allows, he'd look at those equities and unhedge that currency versus the CAD.
ETFs are not normal for him, but for outside of North America he will go to an ETF. Cdn$ hedged, so you don’t have to worry about the euro. Wanted cheaper valuation to Europe, and this has primarily the 30 biggest stocks. Includes Great Britain, Switzerland, Germany, France and a little bit of Spain. About 7% energy and a lot of consumer and healthcare with some banks. A cheap way to have some European exposure.