Author Topic: International index fund allocation using Fidelity FSGDX vs FSIVX  (Read 3536 times)

sunilpatel72

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I am trying to implement a 3-fund portfolio strategy using Fidelity Spartan index funds. For international exposure, I notice that Spartan Global ex US Index Fund - Advantage Class (FSGDX) is recommended over Spartan International Index Fund - Advantage Class (FSIVX). Based on some quick research,

FSGDX has:

ER = 0.28% Gross/0.14% Net
Turnover Rate = 1%
Morning Star Rating = 2 stars

FSIVX has:

ER = 0.17% Gross/0.12% Net
Turnover Rate = 1%
Morning Star Rating = 4 stars

Can you elaborate on why FSGDX is recommended instead of FSIVX?

MDM

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Re: International index fund allocation using Fidelity FSGDX vs FSIVX
« Reply #1 on: October 19, 2015, 09:03:46 AM »
See https://www.bogleheads.org/forum/viewtopic.php?t=146768 for relevant discussion.  Up to you to decide which will be better from now on.

sunilpatel72

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Re: International index fund allocation using Fidelity FSGDX vs FSIVX
« Reply #2 on: October 19, 2015, 09:12:58 AM »
Thanks for the quick reply MDM.

Based on your link, it seems that FSIVX does not have emerging markets equities (only developed markets equities) while  FSGDX has both emerging markets equities as well as developed markets equities.

This might imply that FSGDX is better to gain expose across all international markets.

MDM

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Re: International index fund allocation using Fidelity FSGDX vs FSIVX
« Reply #3 on: October 19, 2015, 09:58:36 AM »
... FSIVX does not have emerging markets equities (only developed markets equities) while  FSGDX has both emerging markets equities as well as developed markets equities.

This might imply that FSGDX is better to gain expose across all international markets.
Exactly. 

Of course, if you think that emerging markets will underperform developed markets then FSIVX would be better than FSGDX.  Polish up that crystal ball....