Hi all - I have already googled / searched the forum and tried the IBKR search but did not yet find what I am looking for so I am trying to tap the wisdom here.
I have large sums in Euro denominated ETFs currently held with German brokers (so UCITS regulated). I will be in the US for the coming years and want to avoid the PFIC hassle and will thus sell all my EU ETFs.
I want to reinvest the money in the US but avoid the currency risk as I am not sure how long I will stay and would like to avoid losing money by converting EUR to USD with an adverse currency rate now and back to EUR in a somewhat near future (2-5 years maybe).
Are there US regulated ETFs denominated in euro? Any other diversified financial product that I can buy in the US which is held in euro?
Many thanks to all in advance for your thoughts!
I have large sums in Euro denominated ETFs currently held with German brokers (so UCITS regulated). I will be in the US for the coming years and want to avoid the PFIC hassle and will thus sell all my EU ETFs.
I want to reinvest the money in the US but avoid the currency risk as I am not sure how long I will stay and would like to avoid losing money by converting EUR to USD with an adverse currency rate now and back to EUR in a somewhat near future (2-5 years maybe).
Are there US regulated ETFs denominated in euro? Any other diversified financial product that I can buy in the US which is held in euro?
Many thanks to all in advance for your thoughts!
Statistics: Posted by Kate90 — Mon Dec 09, 2024 8:06 am — Replies 2 — Views 101