Stock price when the opinion was issued
An example of a core holding for an international equity. It is currency hedged, so it is hedged against the fall of other global currencies relative to CAD, mostly euro and Asian currencies. If you believe that international equities are going to perform well over the future, but it is going to be export driven companies that do well, you may wish to bias towards large caps.
(Market Call Minute.) He doesn’t like Europe. This is hedged back to the Cdn$. If Europe expands, the euro is going to rise and is going to be hedged out, which is where you are going to get the benefit of it. At best this is a Hold.