New listing in Zürich:
SPDR MSCI ACWI IMI UCITS ETF
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As a value-investor, I prefer to buy out of favour companies and industries. It isn’t surprising that a good chunk of my portfolio has been in: energy, mining, defence, tobacco, coal, uranium.
I think of it as a ‘buy low’ strategy. I feel that tobacco is really the only one that will be disappearing relatively soon but I keep it in the portfolio for defensiveness and robust cash flow in the near term.
The number of holdings on justetf seems to be wrong. From the factsheets:
- SPDR MCSI ACWI: 2414 holdings
- SPDR MSCI ACWI IMI: 2620 holdings
But still only ~200 holdings more. ACWI has also a higher TER of 0.4% compared to 0.17% for the IMI even with a larger fund size. And is listed in CHF@SIX and the IMI version only in USD@SIX.
So also no conclusion for now.