Q: Can you give me your thoughts and recommendations on CIEH please? Is it suitable for a primarily income focused retiree? As a broader question, are you seeing a pullback in international markets on the horizon? Cheers.
5i Research Answer:
CIEH looks to provide exposure to broad EAFE market and hedges the FX exposure. Fees are reasonable and EAFE valuations in general should be fine so we wouldn't have too many issues with this exposure/ETF.
On international markets, we might not have high expectations for their return potential, but we also think the starting valuation levels for many of these geographies will provide a bit of asupport as well.