Greg Newman iShares MSCI EAFE (CAD-Hedged) ETF XIN-T BUY Jan 04, 2024

He likes this and it is as good as any other. There are 3 or 4 that are relatively homogenous, and usually when looking at this, you are looking at this company, Bank of Montréal and Vanguard. These are the 3 leaders in low cost beta. This ETF is the largest and oldest, and he has used this a fair bit in the past. Ridiculously cheap and a very good product.

We had a breakout. The US market did well, but so did many other markets around the world. He is in the US equivalent of this ETF in his fund. He is generally neutral in currencies. He is starting to move into long Canadian dollar vs. US dollar soon. The Canadian dollar does well in April.

Great way to play an international market. It gives you exposure to the international market, and they hedge the currency out. Sometimes you can enhance your returns by not being hedged on the foreign currency, which has been the case as the Cdn$ has dropped off. However, going forward as an international investor, with the weak Cdn$ as it is, you want to consider ETF’s like this and iShares S&P 500 (CAD-Hedged) ETF (XSP-T) to hedge your foreign currency exposure.

(Top Pick May 1/14, Up 20.85%) People are reluctant to go in because of Greece and so on, but it has done quite well.

You want to be globally diversified. Compare to XIC-T over 3 years. It has done really well. Diversifying lowers your volatility.

International developed markets outside of North America. It has a higher dividend yield than the US markets. It is currency hedged, which he likes. But we have some serious growth challenges in Europe and he does not think it is over yet. It is hard to be wildly positive on it. It is too early.

Europe, Australia, and Far East so has been affected by Brexit. A good ETF but hasn't performed well. Could buy ZWE, which is more European based. Would like to see more U.S. exposure.