Where to park your EUR

[tgz_lime]

What's the funds/ETFs should I look for if I'd like to invest my EUR for max 1 year? I'm thinking about a short-term EU corporate bond fund or maybe a EUR denominated US short term gov/corp bond fund.

[daverobev]

High interest savings account. For a year you don't want to be in bonds, nor stocks.

[farfromfire]

Depends on the country, but EUR savings accounts have lower interest than in the US.

Why does it need to stay in EUR for a year? keep it in a USD savings account until you need it.

[Mr FrugalNL]

Agreed with daverobev. If you have a one-year time horizon you shouldn't be taking any stock/bond market or currency risks.

[tgz_lime]

Well the problem is.. EUR savings account currently pays 0%. That's why probably a short term (duration <=1yr) corp or gov bond is the only way to have any yield on EUR. Alternatively, there are funds which are nominated in EUR, but buy US short-term gov bonds.. I'm curious if anyone has experience with these.

[daverobev]

Well the problem is.. EUR savings account currently pays 0%. That's why probably a short term (duration <=1yr) corp or gov bond is the only way to have any yield on EUR. Alternatively, there are funds which are nominated in EUR, but buy US short-term gov bonds.. I'm curious if anyone has experience with these.

Over one year, bond funds can move a lot more than the 1% inflation you're trying to avoid. You aren't going to be able to buy something with such a short duration with small amounts of money anyway.