Comparing different funds, looking at returns etc.

[Roger Van Zant]

Lots of free time this week, so I've been exploring the SBI website and looking at some of the funds on offer.
Currently I invest 100% of my tsumitate-NISA in the eMaxis Slim全世界株式（オール・カントリー）.

https://site0.sbisec.co.jp/marble/fund/ ... =10331418A

I was surprised by its "One year returns ranking":
https://ibb.co/hHvwMXt

370th position?! Huh? Why is it so low, given how popular it is on this forum?

The top performing fund in terms of one-year returns is 三菱ＵＦＪ国際－eMaxis Neo　バーチャルリアリティ:

https://site0.sbisec.co.jp/marble/fund/ ... =20331318C

I might buy some, but when I go to do so, I see you cannot buy any into your tsumitate-NISA. Why not?

https://ibb.co/BTx3NwF

Here's the ranking from 1~10 of the best performing funds this past one year:

https://site0.sbisec.co.jp/marble/fund/ ... Param8=all

Is anyone paying into any of these funds?

[RetireJapan]

Tsumitate NISA is restricted to a couple hundred funds that meet the criteria for low fees and suitable for stable, long-term investing (as decided by the government).

[zeroshiki]

All Country is recommended not for high returns but for its stability.

The emaxis Neo virtual reality fund might be doing great now but it puts all its eggs in that industry basket. What if there's a downturn? What if hologram technology comes out and replaces it? What if some kind of eye disease is discovered that is caused by VR? Are you confident in the long term prospects of VR?

[Established]

Previous performance is not an indicator of future performance. You are chasing winners, a classic trap that many beginner investors fall into.

You need to consider your personal strategy and investment philosophy.

Why did you buy Emaxis Slim All-Country, to begin with?

[adamu]

Currently I invest 100% of my tsumitate-NISA in the eMaxis Slim全世界株式（オール・カントリー）.

370th position?! Huh? Why is it so low, given how popular it is on this forum?

This fund follows the MSCI All-Country World Index. It gives you the *average* performance of the global market.

Any other strategy and you will be an outlier - but whether you'll be a winner or loser is anyone's guess.

Nice post about that here: https://monevator.com/is-investing-a-zero-sum-game/

[fools_gold]

Here's the ranking from 1~10 of the best performing funds this past one year:

https://site0.sbisec.co.jp/marble/fund/ ... Param8=all

Do they have next year's rankings too? Now that would be useful

[TokyoSophia]

I've been listening to Dave Ramsey's podcast recently (as light entertainment more than anything else) and he talks quite a bit about funds. He recommends that people invest in funds that have consistently returned over 10% per year over the last 10 years. I suppose this is one way to rule out funds that have had one or two good fluke years.

[RetireJapan]

I've been listening to Dave Ramsey's podcast recently

I read a couple of Dave Ramsay books, and they are mostly fine apart from his excessively optimistic (IMO) figures for stock market growth.

Bear in mind that Maddoff's famous Ponzi scheme that pulled in rich investors and pension funds only promised 12% a year!
https://www.reuters.com/article/us-saft ... AJ20131120

[TokyoSophia]

I've been listening to Dave Ramsey's podcast recently

I read a couple of Dave Ramsay books, and they are mostly fine apart from his excessively optimistic (IMO) figures for stock market growth.

I think he's over-optimistic too but I think the principle of looking at consistent returns over time (rather than just a 1-3 year period) sounds like a good strategy to me.