This summary was created by AI, based on 1 opinions in the last 12 months.
The Horizons EURO STOXX 50® Index ETF (HXX-T) is the simplest way for Canadian investors to participate in the European market. While ETFs are not very popular with Canadian investors, HXX has higher average daily volumes compared to other Euro ETFs. With no yield and a low MER of 0.17%, HXX is a total return ETF that saw significant growth in Q1 and 2023. It is heavily exposed to France and Germany, with consumer goods and financials making up a large portion of its holdings.
(A Top Pick July 5/17, Up 4%) Banks are big players here, but they’ve gone nowhere because of interest rates where pretty flat. The place to be in the future. Likes it for a taxable account because it doesn’t pay the dividend, it’s one of those total return ETF, the stock price will reflect the accumulated dividend. A key holdings for them on the international side.
(A Top Pick June 1 / 2017 , Up 1%) Gain has gone out of it in last 6 weeks, but they’ll add to their position. Stocks influenced by Euro directly, so Germany and France are #1 and 2. Doesn’t think tax will be put on. Will bounce once trade war rhetoric blows over.
(Past Top Pick on June 1, 2017, Up 2%) This covers countries that carry the Euro (Germany, France, not UK). Tailwind: Germany is running big trade and fiscal surpluses, so Germany could pump prime rates onto the ECB.
The 50 biggest stocks in Europe, so think about it like the S&P 500 in the US. If dealing in futures, the futures contracts on indexes are higher than the risk-free rate of interest is. This means futures are trading in a negative slope.
When you are into an EAFE (See comments under Top Picks for ZEA-T) he likes continental Europe. This one excludes Japan and the UK. It tends to focus on euro focused countries. Thinks France and Germany politically will be in the driver’s seat in the next 6 months.
Zeroing in on Germany and France. In September they expect money to be spread around in Germany.
Horizons EURO STOXX 50® Index ETF is a Canadian stock, trading under the symbol HXX-T on the Toronto Stock Exchange (HXX-CT). It is usually referred to as TSX:HXX or HXX-T
In the last year, 1 stock analyst published opinions about HXX-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Horizons EURO STOXX 50® Index ETF.
Horizons EURO STOXX 50® Index ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for Horizons EURO STOXX 50® Index ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Horizons EURO STOXX 50® Index ETF In the last year. It is a trending stock that is worth watching.
On 2024-10-04, Horizons EURO STOXX 50® Index ETF (HXX-T) stock closed at a price of $51.87.
Won't get distributions from dividends. Capital gains accrue when sell. Very tax efficient. Provides good exposure to Europe. Large cap names comprise most of fund.