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Re: beginner- about eMaxis Slim

Posted: Sat May 23, 2020 6:57 am
by adamu
About US stocks: The problem with picking the winners, is that they might not be the future winners. What you want to do is pick the future winners. I don't know who that'll be, which is why I just take the global market cap.

Re: beginner- about eMaxis Slim

Posted: Sat May 23, 2020 8:00 am
by Kanto
Do you include any emerging market exposure then?

Re: beginner- about eMaxis Slim

Posted: Sat May 23, 2020 8:37 am
by adamu
Via eMaxis Slim All Country, yes.

For my SBI iDeCo account, which doesn't have that fund, I roughly replicate it with three different eMaxis Slim funds as listed here.

Re: beginner- about eMaxis Slim

Posted: Sat May 23, 2020 8:55 am
by Kanto
adamu wrote: Sat May 23, 2020 8:37 am Via eMaxis Slim All Country, yes.

For my SBI iDeCo account, which doesn't have that fund, I roughly replicate it with three different eMaxis Slim funds as listed here.
It seems the emerging market exposure is quite low.

1 アメリカ 56.5%
2 日本 7.0%
3 イギリス 4.1%
4 スイス 2.8%
5 フランス 2.8%
6 カナダ 2.7%
7 ケイマン諸島 2.5%
8 ドイツ 2.3%
9 オーストラリア 1.7%
10 中国 1.5%

Considering Ideco and Tsumitate are set and forget mostly. I would be tempted to purchase the separate funds so I could rebalance every year.

Re: beginner- about eMaxis Slim

Posted: Sat May 23, 2020 9:05 am
by adamu
I'm confused. First you were saying you wanted more US exposure, now that there's not enough emerging markets 🙊

What do you mean by "low"?

eMaxis Slim All Country follows the MSCI All Country World Index, which is market capitalization based. So it's about 12% emerging markets (11.5% as of the latest prospectus).

Re: beginner- about eMaxis Slim

Posted: Sat May 23, 2020 9:18 am
by Kanto
adamu wrote: Sat May 23, 2020 9:05 am I'm confused. First you were saying you wanted more US exposure, now that there's not enough emerging markets 🙊

What do you mean by "low"?

eMaxis Slim All Country follows the MSCI All Country World Index, which is market capitalization based. So it's about 12% emerging markets (11.5% as of the latest prospectus).
It seems I was reading the report wrong, I see the breakdown now. Thanks.

I am just curious about everyone's approach. I ended up purchasing the following for my NISA.

eMAXIS slim 先進国株式インデックス
eMAXIS Slim 国内株式(TOPIX)
eMAXIS slim 新興国株式インデックス

I was saying in another thread that the issue is Tusmitate doesn't let you purchase bonds. The products between the two differ quite a bit. So when you are trying to balance between iDeco and Nisa and how your portfolio represents the market it can be difficult. I thought multiple funds would be better vs one all country fund.

However, I see merit in your approach too. I am unsure now what is better.