Hi everyone!
I've opened an account with Rakuten, and looking to create a balanced etf / mutual fund portfolio. Judging from this great post, it seems that Japanese mutual funds are superior to etfs. As the post is a bit old, I just wanted to make sure - are mutual funds still the way to go?
Specifically I had the following funds in mind:
eMAXIS Slim 新興国株式インデックス
eMAXIS Slim 全世界株式(オール・カントリー)
eMAXIS Slim 米国株式(S&P500)
eMAXIS Slim 先進国株式インデックス
Are they still superior to their etf counterparts,say vanguard? I mean both in cost overhead and performance.
Another somewhat related question, in case a broker collapses, what happens to the money in the account?
Making an etf \ mutual fund portfolio
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- Sensei
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Re: Making an etf \ mutual fund portfolio
grisha--just checking, but you're not US, right?
Re: Making an etf \ mutual fund portfolio
Non US. Sorry, should have mentioned it...
- RetireJapan
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Re: Making an etf \ mutual fund portfolio
Investments held by brokers are supposed to be ring-fenced and kept separate from the broker's own money. In the extremely unlikely event of a broker bankruptcy, you would get your investments back, but it might take a while to get everything sorted out.
English teacher and writer. RetireJapan founder. Avid reader.
eMaxis Slim Shady
eMaxis Slim Shady
Re: Making an etf \ mutual fund portfolio
Thanks for the reply! Feeling more reassuredRetireJapan wrote: ↑Thu Mar 12, 2020 12:44 pmInvestments held by brokers are supposed to be ring-fenced and kept separate from the broker's own money. In the extremely unlikely event of a broker bankruptcy, you would get your investments back, but it might take a while to get everything sorted out.