I am a 33 years old, Swiss resident and planning to stay in Switzerland in the long term.
I decided to unfortunately drop VWRD because it is 57% exposed to USA which is too much in my view.
Tax wise, I only picked Irish-domiciled ETFs. No synthetic ETF. I favored major funds. I did not prioritize accumulating or distributing.
My goal is to balance geographically and on currencies (USD / EUR / CHF).
The portfolio I consider at the moment is:
- S&P500 => VUSD (IE00B3XXRP09). TER 0.07%. Distributing.
- Europe => IMEU (IE00B1YZSC51). TER 0.12%. Distributing.
- Switzerland => CHSPI (CH0237935652). TER 0.10%. Distributing.
- Emerging markets => EIMI (IE00BKM4GZ66).TER 0.18%. Accumulating.
Average TER: 0.12%
Geographical distribution: Switzerland 29%, USA 25%, Europe (excl. CH) 21%, Asia 17%, others 7%.
2 are in USD, 1 in EUR, 1 in CHF.
What do you think ? Is it too much effort to have 4 different ones or how would you fix this dilemma ? Should I add bonds ?
Thank you to all of you for your help