What would you think about Gold as an alternative to Bonds?

Investing / Portfolios
23

I have a personalised GOLDEN BUTTERFLY PORTFOLIO version:

  1. Large Cap Blend: CHSPI (40%)
  2. Small Cap Value: VBR (Vanguard Small-Cap Value ETF) (22%)
  3. Long Term Bonds: CSBGC0 (iShares Swiss Dom Govt Bd 7-15 ETF) (8%)
  4. Short Term Bonds: XYP1 (Xtrackers II iBoxx Eurozone Government Bond Yield Plus 1-3 UCITS ETF 1C) (18%)
  5. Gold: IGLN (iShares Physical Gold ETC) (12%)

Why XYP1? I have expenses both in CHF and €
Why VBR? Currency diversification + the only other non US SCV ETF available (ZPRX - SPDR® MSCI Europe Sm Cap Val Wtd ETF EUR) has a double TER and a less brilliant performance.

‘Personalized’ because as you can see my allocation is not jet 20% for each asset: I’m overexposed in stocks due to the last years poor bonds yields. Also: not local assets (explained above).

1 Like
24

You have access to US etfs?

There are a million more small cap value etfs.

I would choose AVUV over something like VBR any day. On the Us side.

Dont get too hubg up on TER, look on the execution side and incorporation of the latest research.

On the international side there is AVDV for example.