Thanks so much for the reply! Very helpful
Why do you overweight EM, EM are included in VWRL?
Fair point, I missed that. No need for the EM Fund then.
Why do you overweight growth companies with expensive funds? Academic research suggests that growth companies tend to underperform value over longer periods and that active managers tend to underperform the market because of fees. There is no evidence that managers that did well in the past continue to do so.
If you are referring to the small caps - I have read on this forum that it is good to have some exposure to them and VWRL would not include them. Do you believe this does not make any sense?
ARKQ/ARKG are of course also growth companies - I will likely not keep them very long term but interested to see if their performance will be worth it this year. It is a bit of a gamble I admit
10-12% seems like a huge portion for play money. 0% is the optimal allocation for play money if you want to improve your expected risk adjusted return.
It’s not really play money, these are stocks I already had before I started optimising my portfolio. I should probably sell them this year and redistribute into VWRL.
Is there a reason that you use IE funds and not US funds? US funds are more tax efficient for US securities.
Purchasing funds on SIX is cheaper through Swissquote. More expensive for US-listed funds
Exchange rate comes on top for the funds not denominated in CHF - that’s an advantage of VWRL
The whole tax argument confuses me - I have read numerous entries on this forum around this. Is it not true that US-funds withhold 15% tax on dividends? Happy to be proven wrong and switch to US-listed funds. I know VT has lower TER also.