RetireJapan

Just saw that SBI iDeCo doesn't have emaxis slim all country (only the ex Japan version). That sucks. Really, why is the state of affairs so bad, haha. Sorry, just a small rant.

Chizakura wrote: ↑Tue Jan 07, 2025 4:04 am Just saw that SBI iDeCo doesn't have emaxis slim all country (only the ex Japan version). That sucks. Really, why is the state of affairs so bad, haha. Sorry, just a small rant.

I mean Japan is only 5% of the world market. Just set the cheap TOPIX fund at 5%, and ALL country at 95%. Job done.

Chizakura wrote: ↑Tue Jan 07, 2025 4:04 amReally, why is the state of affairs so bad, haha.

We are in a much better situation than people in the UK, for example. Vanguard's UK-based version of VT is 0.22%! And their equivalent of iDeCo costs 0.15% just to keep the account running.

Tsumitate Wrestler wrote: ↑Tue Jan 07, 2025 4:09 am I mean Japan is only 5% of the world market. Just set the cheap TOPIX fund at 5%, and ALL country at 95%. Job done.

That's what I do, but 7/93 (which was the ratio for MSCI ACWI when I set it up).

adamu wrote: ↑Tue Jan 07, 2025 6:06 am We are in a much better situation than people in the UK, for example. Vanguard's UK-based version of VT is 0.22%! And their equivalent of iDeCo costs 0.15% just to keep the account running.

I’d argue UK investors are much better off as they can save a lot more tax-protected or tax-free compared to Japan. Those tax advantages more than outweigh a few basis points in annual fees.

Deep Blue wrote: ↑Tue Jan 07, 2025 8:01 am I’d argue UK investors are much better off as they can save a lot more tax-protected or tax-free compared to Japan.

They can't really save it though, they give it all to the city

Tsumitate Wrestler wrote: ↑Tue Jan 07, 2025 4:09 am

Chizakura wrote: ↑Tue Jan 07, 2025 4:04 am Just saw that SBI iDeCo doesn't have emaxis slim all country (only the ex Japan version). That sucks. Really, why is the state of affairs so bad, haha. Sorry, just a small rant.

I mean Japan is only 5% of the world market. Just set the cheap TOPIX fund at 5%, and ALL country at 95%. Job done.

Exactly! I'm still ranting because why do they not just have all versions - especially since the all country one has a much higher volume and popularity... doesn't make any sense.

Chizakura wrote: ↑Tue Jan 07, 2025 8:16 am why do they not just have all versions - especially since the all country one has a much higher volume and popularity... doesn't make any sense.

They want you to buy their version.

adamu wrote: ↑Tue Jan 07, 2025 8:52 am

Chizakura wrote: ↑Tue Jan 07, 2025 8:16 am why do they not just have all versions - especially since the all country one has a much higher volume and popularity... doesn't make any sense.

They want you to buy their version.

Yeah! Damn them, I'm not gonna do that.

Chizakura wrote: ↑Tue Jan 07, 2025 8:16 am
Exactly! I'm still ranting because why do they not just have all versions - especially since the all country one has a much higher volume and popularity... doesn't make any sense.

Rakuten doesn't have it at all...choice is between the new Rakuten eMaxis Slim rip-off funds or the Tawara fund which is developed markets.

It's not the end of the world. Choose one or two funds, automatically pay in each month, collect the rewards at 60/65/70.

I'm actually not sure if there's more fees (for buying) when investing into two funds instead of one. Anyone understands the fee structures for NISA with SBI?