The European Central Bank has enacted a €60 billion, or $65.3 billion, monthly bond purchasing program that will infuse a planned €1.1 trillion into the European economy by September 2016. The easing program is expected depreciate the value of the euro currency and bolster the local economies.
Consequently, many are turning to currency-hedged Europe-focused ETFs to capture a more pure play on the underlying markets without worrying about the negative effects of a diminishing euro currency on their investments – a weaker euro currency translates to lower U.S.-dollar-denominated returns. [Another Currency Hedged ETF Swells in Size]
WisdomTree Europe Hedged Equity Fund
Tom Lydon’s clients own shares of EEM.