TL;DR Looking for a money market fund that invests in EUR assets but is not a PFIC (for US tax purposes).
Does anyone know of US-domiciled money market funds which replicate e.g. €STR? (Similarly to DBX0AN but with US domicile.)
Or more generally: how would you save money (in EUR) that you don't want to tie to long-term investments (e.g. emergency funds), if they are meant to be used in Euro long-term. Any other option than a plain savings account which doesn't incur fx-risk?
Submitted September 22, 2023 at 11:59PM by towadroid https://ift.tt/WgmvbEZ
