Topic: How To Invest

Pat: I would appreciate your advice on the SPDR EURO STOXX 50 ETF as a way to tap into the European market. Thanks for all your advice in the past.

Article Excerpt

SPDR EURO STOXX 50 ETF, $43.15, symbol FEZ on New York (Units outstanding: 132.5 million; Market cap: $5.7 billion; www.spdrs.com), aims to replicate the performance of the EURO STOXX 50 Index. The ETF’s top holdings include major European corporations like Total SA, Sanofi, Banco Santander S.A., Bayer AF, Siemens AF, BASF AF, Daimler AG, Anheuser-Busch InBev SA and BPD Paribas. SPDR EURO STOXX 50 ETF has 36% of its assets in France, 32% in Germany, 13% in Spain, 8% in Italy, 7% in the Netherlands, 3% in Belgium and 1% in Ireland. The fund has a 0.29% MER. European markets have rebounded lately, but risks remain in many countries. However, this ETF focuses on more stable French and German stocks. SPDR EURO STOXX 50 ETF is okay to hold if you want to hold a European ETF. ETF. …