Rakuten - where to find the full information on index funds?

[Viralriver]

Hi, so I'm trying to get an idea of which stocks each fund actually invests in before I make my decisions on what to purchase. I've managed to find a PDF for each index fund, and for the emaxi slim S&P 500, I get a list of about 10 companies as you can see in the attachment. But based on the proportion in the rightmost column, this only attributes about 25% of the index, where can I find out about the rest?

EDIT: Also, to hijack my own post - I am considering the following split (I will invest in bonds separately):

80% eMAXISSlim全世界株式(ｵｰﾙ･ｶﾝﾄﾘｰ)
10% eMAXISSlim新興国株式ｲﾝﾃﾞｯｸｽ
10% eMAXIS Slim 国内株式(TOPIX)

Does anyone have any comments on this, or think I'm definitely off the mark? I want to invest in the S&P500, but All Country seems to cover that and of course a little bit more. I want to also put my money in developing nations, but noticed the one I reference above has a very high proportion in HK and Taiwan, and I don't want to put too much money there due to the current climate. Finally, I feel like I should have some investment in Japan itself, since I'm here, hence the final one. Thoughts? I attached another image to show I will do this (first time using Rakuten, so a little weary I'm doing anything correct ^^' ).

[RetireJapan]

All the eMaxis Slim funds invest in 'mother funds'. You can probably search to find out what is in those.

The all-country fund... also includes emerging markets and Japan. So by buying them separately you are overweighting them. This implies you think they will perform better than other countries.

That may well be true (I am also overweight emerging markets) but make sure you know why you are making this bet, and if you don't know, maybe you can get by with just the all-country fund

[Viralriver]

Thank you - this helps!

I have another question which I feel like opening it's own thread would be a little overkill for. I've just finished reading the Millionaire Teacher book (in time for this year's NISA investment!), and from that want to make the correct split of stock/bonds. I'm of course maxxing out on the 400k for this year in NISA as I wrote above. I'll start with the bonds early next year. I'll probably do some additional index funds on top as 400k is lower than what I'd like to invest.

But throughout the book, there's a notion of buying and selling both the bonds and index funds to keep the ratio constant (bonds in years, for example) - but since all the bonds will be held outside of the NISA wrapper, how exactly does this work? If I'm going to do an 80/20 split (for example), should I invest 100k in bonds on Rakuten as well then? And then let's say after 3 months my NISA is looking like 420k and my bonds 110k (total 530k) I would sell 4k of the bonds and buy 4k worth of index funds outside the NISA wrapper? Apologies if this is a stupid question.

Finally, I also have an iDeCo-esque DC plan through my company where I am investing in various products, do I take these into account in the bond/stock proportion calculation?

Thanks so much!

[Kanto]

If you check the reports, it shows what index the fund is attempting to track.



A fund like Emaxis Slim all country tracks the MSCI - ACWI index. It has A LOT of holdings, here is an example from ishares.


https://www.schwab.wallst.com/schwab/Pr ... ymbol=ACWI

2.jpg (15.11 KiB) Viewed 919 times

[Kanto]

Thank you - this helps!

I have another question which I feel like opening it's own thread would be a little overkill for. I've just finished reading the Millionaire Teacher book (in time for this year's NISA investment!), and from that want to make the correct split of stock/bonds. I'm of course maxxing out on the 400k for this year in NISA as I wrote above. I'll start with the bonds early next year. I'll probably do some additional index funds on top as 400k is lower than what I'd like to invest.

But throughout the book, there's a notion of buying and selling both the bonds and index funds to keep the ratio constant (bonds in years, for example) - but since all the bonds will be held outside of the NISA wrapper, how exactly does this work? If I'm going to do an 80/20 split (for example), should I invest 100k in bonds on Rakuten as well then? And then let's say after 3 months my NISA is looking like 420k and my bonds 110k (total 530k) I would sell 4k of the bonds and buy 4k worth of index funds outside the NISA wrapper? Apologies if this is a stupid question.

Finally, I also have an iDeCo-esque DC plan through my company where I am investing in various products, do I take these into account in the bond/stock proportion calculation?

Thanks so much!

It is always best to rebalance through buying IMO, rather than selling.

Treat iDeco, Nisa, and taxable as one single basket. Personally, all my bonds are in taxable. I buy bonds to rebalance, 2-3 times a year.

[Viralriver]

Thanks, and also thanks for the previous explanation.

In that case, if you had a higher waiting in your bonds you would just buy into the index funds as well in the taxable account?

EDIT:
Taking a look into the all country, as you say it seems to buy directly from mother funds for all 3 that I wanted, so for now I'll put 100% in that, and see how it goes. Apologies for the repeated question, but as it's quite a lot of money going out - I was hoping someone could check the attachment and see if what I'm doing is correct. It seems I will lose about 1100 JPY for the Jan-Nov payments, but I guess there's nothing I can do there. Is this the correct procedure for getting the (almost) 400k invested in the next couple of days? Thanks!

[Kanto]

Thanks, and also thanks for the previous explanation.

In that case, if you had a higher waiting in your bonds you would just buy into the index funds as well in the taxable account?

Yes, that is exactly right.

I only have 4 funds currently. It takes 2 minutes in excel to check the percentages.

Please note, there is an argument that it is better to keep bonds in your tax-efficient accounts (NISA/iDeco). I do not follow this advice.

Due to a decade + of low rates, and strong signalling that sovereign debt will remain near 0% for the next 5-10 years, I would rather use my tax-free allocations for equities.

I could be wrong of course. But, all that would mean is slightly less tax efficiency.

[Viralriver]

Thank you - that is helpful. Seeing as I can't invest in bonds in NISA anyway, that's out of the question. My DC is also quite limited, and I'll rebalance this early next year once I get to terms with the NISA first!

Thanks again (also if you can see my edit above and have an answer for it, that would be much appreciated!)