I came across this forum by chance after having read two books on investing and random research on the net. I think the people here seem to have a mindset that I like, which is why I’m breaking my rule of never asking for financial advice, especially not on the web
Has anyone looked at this ETF from UBS:
It exists since Aug 2015.
It ticks off all the boxes that I’m looking for:
- It invests in “the world” (large and mid caps anyway).
- Low TER (0.21%).
- Zero Entry/Exit charge, though there is a 3% “conversion fee” (not sure what it means).
- More than 650M assets under management, so liquidity and bid/ask spreads should not be an issue.
- Domiciled in Ireland and an UCITS label, so dividend withholding tax is kinda low (al explained in this other mustachian post) and I needn’t worry about how to trade and tax-declare it.
- Base currency and hedged in CHF. I am Swiss, with a Swiss salary and planning to stay in CH indefinitely, So my understanding is that this means that with this I can follow the MSCI ACWI in the currency that matters to me in terms of income and expenses,
- Done by UBS which I think means that I can buy arbitrary amounts at CHF 9 per transaction at Swissquote.
I’d be curious to hear what more experienced investors than me think and how people think it compares to Vanguard et al from a Swiss point of view.