Hello all,
I shared my proposed asset allocation in my journal and it made me wonder whether it is optimal. Putting things in writing often do that to me :) .
Being in Europe, I do not have access to vanguard and I'm also limited by the small options offered whithin my tax advantaged account.
I do have access to a 'total market' ETF but teh TER on that one is 0.38% and the US is 58.47%, it is the AMUNDI ETF MSCI WR.
This is what I have decided to do for now:
Large Cap US 45% AMUNDI ETF SP 500 0.15%
Large Cap EUR 35% VAN FTSE EU ETF EUR 0.12%
Mid Cap US 10% TBD (S&P400?) TBD
Mid Cap EUR 10% AMUNDI ETF EUR MID 0.23%
Emerging Asia 10% AMUNDI ETF EM ASIA 0.20%
My questions are:
-Is it worth it to try covering most of the capitalized world by having different ETF just to reduce the TER? Or is it better to stick to the World Index?
-If I stay with this allocation, is it better to add mid cap to large cap or should I choose add small cap instead?
-Any advie on a good Mid Cap US ETF? Anyone familiar with the S&P400 ?
Any other comment, suggestion or advice is welcome.
Thanks in advance.
