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Mutual fund or ETF that buys Euro's.?


I think the Euro will do well. However, I'm not ready to start buying and selling currency on my own. Is there a mutual fund or ETF that holds Eruo's? I know there exists a mutual fund, but can't remember the ticker.

Here you go: FXE, the Euro Currency Trust ETF.

I put below a few articles with info on other currencies available also. Just keep in mind you can get Euro exposure through Euro-denominated stocks/stock funds as well (if you want the commensurate European equity exposure). If you did, it might be cheaper from a fee perspective. FXE has an expense ratio of 40 bps or so.

If you want a mutual fund, MERKX is 44% Euro. See http://www.merkfund.com/fund/overview/fa... . There is also ICPHX, but it has less Euro exposure.

Hope this helps!

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