I would be happy for ideas and or which indexes / stocks you allocate for growth/security/dividends, maybe less america and a bit more global? I am a bit inspired by theo which I think is doing a good job on diversifying.
TheDorian, I used this site to decide my asset allocation.
http://myindex.jp/user/myaa.php#tab_create
Just put in the numbers and see how it compares to other portfolios. I'm pretty new to this and If found it really helpful as I didn't have a clue. I ran my first portfolio ideas through it and tweaked them until I got a good balance between risk and return.
The Nissei fund you quoted follows the MSCI Kokusai Index (excluding Japan). It's about 65% US stocks, the rest are other developed markets. Likewise the bond fund covers all developed markets. They are both internationally diversified. Currently I think the US has about 60% of the world stock market, Japan about 8%, other developed markets 24%, and emerging markets 8%.
Personally, I try to avoid things that pay out dividends nowadays and just focus on the total return. These are my reasons:
1. I don't need the income now as I'm saving for retirement. I'm more bothered about growth.
2. Dividends are a pain to reinvest and if you've maxed out your NISA for the year, you either have to wait until next year or reinvest them in a taxed account.
3. Once the time limit is up on your NISA you'll start paying tax on any payouts. Mutual funds are more tax efficient as tax payments are deferred until you cash out.
The Nissei funds are a good choice. They're cheap and the indices they track include dividends, so you don't really lose out on anything. You just don't get the satisfaction of cash landing in your pocket every now and then.
