Q: Hi, I would like to add some international diversification to my portfolio. I see that Europe is doing well. What are your thoughts about Europe for the next 3-5 years? Do you have any recommendations of an ETF for that purpose ?
5i Research Answer:
After a tough 2022, we think the European equities are modestly valued, especially compared to US peers. Recent improving economic data points such as better consumer sentiment make less cautious about the region. We would look at VE for this exposure.