Page 1 of 1
Low cost index funds other than eMaxis
Posted: Mon Apr 10, 2023 1:05 pm
by ToushiTime
Hi what are the other low-cost index funds other than those in the eMaxis series?
I have some eMaxis funds but was wondering what the competition is...
These ones?
Daiwa iFree
Nikko Tracers
Nissay
Any others?
Re: Low cost index funds other than eMaxis
Posted: Mon Apr 10, 2023 1:48 pm
by TokyoBoglehead
ToushiTime wrote: ↑Mon Apr 10, 2023 1:05 pm
Hi what are the other low-cost index funds other than those in the eMaxis series?
I have some eMaxis funds but was wondering what the competition is...
These ones?
Daiwa iFree
Nikko Tracers
Nissay
Any others?
Tawara no load.
Rakuten wraps
Sbi wraps
Re: Low cost index funds other than eMaxis
Posted: Mon Apr 10, 2023 2:24 pm
by adamu
Re: Low cost index funds other than eMaxis
Posted: Tue Apr 11, 2023 12:48 am
by ToushiTime
Thanks.
I'm looking for global, developed, developing index funds.
Most people on here seem to recommend eMaxis.
According to that link and the other comment above, Tawara No-Load sounds like another option.
I'll stay clear of the wraps due to the triple taxation issue.
so the list of index fund series I have found so far is
eMaxis:
Tawara No-Load:
Nikko Tracers
Daiwa iFree
Nissay
I guess you just judge each by the costs, and costs alone?
Re: Low cost index funds other than eMaxis
Posted: Tue Apr 11, 2023 12:11 pm
by adamu
Yeah, just bear in mind Tawara's global fund is 200 times smaller than eMaxis slim's, even though it's only a a year younger (as far as I understand).
Re: Low cost index funds other than eMaxis
Posted: Tue Apr 11, 2023 12:42 pm
by beanhead
adamu wrote: ↑Tue Apr 11, 2023 12:11 pm
Yeah, just bear in mind Tawara's global fund is 200 times smaller than eMaxis slim's, even though it's only a a year younger (as far as I understand).
What does this mean in practical terms?
More risk that the fund management company may cancel it?
Re: Low cost index funds other than eMaxis
Posted: Wed Apr 12, 2023 4:11 am
by ToushiTime
Damn, I hadn't thought of that.
I "second" Beanhead's question.
Edit: I removed my other question as the premise was wrong.
Re: Low cost index funds other than eMaxis
Posted: Wed Apr 12, 2023 6:08 am
by TokyoBoglehead
ToushiTime wrote: ↑Wed Apr 12, 2023 4:11 am
Damn, I hadn't thought of that.
I "second" Beanhead's question and add another
1) Do smaller funds have greater risk of cancellation?
2) Does that mean we wave goodbye to that chunk of NISA tax exemption, i.e. would a termination of the fund count as a sale by us?
Risk of closure is not very large for conventional index trackers, more so for niche index etfs , sector etfs, themed etfs etc
Look at Vanguard, with more customers you can achieve lower fees and tighter margins, you can more closely track an index.
However, this is only an advantage for trackers of large, liquid stocks.
Size is a disadvantage for other trackers of less liquid stocks.
Re: Low cost index funds other than eMaxis
Posted: Wed Apr 12, 2023 7:02 am
by ToushiTime
Thanks
Re: Low cost index funds other than eMaxis
Posted: Wed Apr 12, 2023 9:39 am
by Tkydon
Some of the answer to which to choose might be controlled by which are available for purchase in your NISA Provider, iDECO Provider, or Brokerage Account.