Sorry I am late to reply myself - hard work, and also I need time to understand all the replies since I am relatively new to all this
I compared some local, TSE-based & JPY-traded S&P500 and Nasdaq100 ETFs, on TradingView.
Surprisingly, most of them (all hedged) have very short history, like 1 year+ only.
All comparisons showed NON-hedged ETFs perform better. But again, only 1year distance.
So basically yes, looks like trying to hegde US indexes by currency hedge has no use, at least now & in Japan.
How is it "not be subject to any taxes when switching"?Tkydon wrote: ↑Mon May 23, 2022 2:39 am You DO NOT have to Buy and Hold forever... You can Switch if it makes sense to do so, especially within Tax Advantaged Instruments such as iDECO, 401k, those despised Offshore Investment Bonds, etc., when you would not be subject to any taxes when switching...
I thought only way to switch is to sell one asset, and buy another. But that means I'd use my NISA limit for the amount I gain from this selling.
Or they have some "switch" system without actual selling?
Thanks!! Very helpful.mighty58 wrote: ↑Mon May 23, 2022 5:37 am To give a simple answer to the OP's original question, yes, Monex offers many currency-hedged funds. Just go to their fund search page (https://fund.monex.co.jp/search), click the box for "ヘッジあり" under 為替ヘッジ, and then you get 162 choices. You can further refine your search with the other parameters.
I added S&P500 to that ヘッジあり box and got 2 results, but that's what I needed.
Only, after I open result links, I cannot find their tickers (those 4 digits they use in Japan), to check them on Trading View for example. Any way to find them? Strange they are hidden...