The Vanguard ETF's have low fees.Here you pay 5.75% load so that $100 going in is $94.25Also fees are high in this fund. Fees kill you over thelong term as they are like compound interest. On top of thatthe fund as a .25% 12-b-1 fee. What do they want next, yourcar keys? Jack Bogle founded Vanguard as a mutual companyowner by shareholders. Thus, buy VGK = Vanguard European ETF and Win.