iShares MSCI Germany ETF (EWG-N)

(A Top Pick October 10/17 Down 11%). He stepped out of this back in January. He saw it as the economic engine of Europe, but found that it has suffered from tariff concerns. He would prefer to invest in France at the moment.

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.

Has been a fan of Germany for most of the year. Wouldn’t be surprised if there was a little consolidation here, but a break out from here is very positive. This is a growth driver of Europe. ECB is not going too far too fast, and a rate hike expectation is a couple of years out.

His 1^st recommendation would be to not buy Index ETF’s. He doesn’t know why this index should reflect Germany’s economy. Indices are not countries. He doesn't owns any companies in Germany right now because he has concerns about the euro.

Whenever he invests in Europe, he is always disappointed. It never seems to make an awful lot of money. However, he wouldn’t have a problem going into Germany. They do have a refugee problem which is creating a lot of difficulty. You could go into this, but don’t go in too heavily.

Tracks German market. He doesn’t buy European blue chips right now. These stocks trade in Euros, so depending on where the Euro is this may not do well.