Invest In Europe With These ETFs

European markets saw a sharp sell-off at the start of this year as risk assets came under pressure. However, European stocks have bounced back sharply after the European Central Bank (ECB) announced measures to fight deflation and boost economic growth. The fundamentals of some of the European markets currently look solid and Canadian investors should consider gaining exposure in order to diversify their portfolios in terms of geography. While investing directly into European markets is an option, Canadian investors can also look at ETFs. Here are some that track European markets.

RBC Quant European Dividend Leaders ETF (TSX: RPD)

The fund aims to provide investors with exposure to the performance of a diversified portfolio of high-quality European dividend-paying equity securities that will provide regular regular income and that have the potential for long-term capital growth. The ETF currently offers a dividend yield of 3.47%.

BMO MSCI Europe High Quality Hedged to CAD Index (ETF) (TSX: ZEQ)

The fund has been designed to replicate the performance of the MSCI Europe Quality 100% Hedged to CAD Index. The fund invests in European equity markets, while screening for high return on equity (ROE), stable year-over-year earnings growth and low financial leverage.

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