Wisdomtree Europe Hedged Equity Fund (HEDJ-N)

(Top Pick Apr 9/15, Down 18.00%) The trajectory is up. It is a currency hedged product and he will decide in the future if he stays with it going forward. You don’t get hurt if the Euro fall against the US dollar.

(A Top Pick May 13/15. Up 7.79%.) The story in Europe is the quantitative easing that is going on, which he thinks will provide some oomph to their economy over the next 12 months. It is equivalent to what the US did in QE 3. A significant program which he thinks will have a benefit. The problem in a program like that is that the currency typically declines when the value of the assets go up, because you are printing more money. You want to hedge the currency out, but he didn’t want to hedge it to the Cdn$.

(A Top Pick May 13/15. Down 2.58%.) He likes this very much. Had thought 2015 would be a consolidation year in the markets, and expects we will be in the malaise through to the end of the year. Also, thought the areas of the world, where they were doing a lot of stimulus, would probably play catch-up. Earnings are probably going to be pretty good in the 2^nd half of the year, but the problem is you are going to have a weaker currency.

He loves it, but you are exposed to the Canadian/US dollar. He would suggest looking at Euro ETFs instead.

This is basically Europe and he likes it because of the Quantitative Easing that is going on. If you look at QE3 in the US, their market had a 30% rally. The fact is that the liquidity benefits the market. You will see it play out in Europe.

This removes the fluctuation of the Euros. This strategy makes perfect sense, especially when they are doing this quantitative easing. We know what is going to happen to the value of the Euro and what has already been happening, and it could quite likely end up at parity with the US$. This is a smart move. It’s the only way to play Europe, with a hedge.

Provides exposure to mega-cap-large cap European equities, with a hedge against the euro. He thinks the US$ and the euro go to parity. At 1.06 or 1.07 right now so there is still room for them to move. This will give you protection against a currency hedge solution. Likes the QE that is happening in Europe. The euro has fallen quite a bit which is very good for European exporters.