adrianc
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Post by adrianc on Dec 17, 2021 16:54:44 GMT
USA 55.9% Japan 7.4% China 5.4% UK 4.1% France 2.9% Switzerland 2.6% Germany 2.6% of the total world equity value. wikipedia has something else again, but still USA/China/Japan/HK/UK with France and Germany down at 9 and 10. What is your reference Hazellend?
UK equity market is nearly 60% bigger than Germany's? Does that really pass the sniff test for you? $3.8tn market cap for London. Frankfurt "only" $2.5tn... But don't forget EuroNext - $7.2tn... Damn near twice the size of London. www.statista.com/statistics/265251/domestic-market-capitalization-in-europe-the-middle-east-and-africa/
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tallsuk
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Post by tallsuk on Dec 17, 2021 17:07:39 GMT
I think that this chart may give a better idea of why Europe could be considered to be a far larger region that Asia: www.msci.com/our-solutions/indexes/market-cap-weighted-indexesHowever, listing regions in terms of market cap is far harder than it should be. The first link you posted shows 'Distribution of countries with largest stock markets worldwide as of January 2021, by share of total world equity market value'. This only gives the market cap of each individual market. The FTSE 100 is dominated by global countries that make their money outside the UK which is why it often drops when the pound strengthens. The second chart shows Market capitalization of listed domestic companies. This would exclude much of the FTSE 100 for the reasons above and would be more comparable to the FTSE 250 if the UK submitted these figures to the World Bank which it has not done for over a decade along with various other countries. This is why there is no right or wrong answer and it has to be down to personal preference.
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jester
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Post by jester on Jan 17, 2022 9:53:42 GMT
Thanks for your input everyone, I'm only managing to revisit this post Christmas.
My plan is to keep the two global trackers I have: HSBC FTSE ALL WORLD VANGUARD FTSE GLOBAL ALL CAP
and then buy regional trackers outside of the US to skew the numbers a bit. I realise there are many ways of skinning the cat when it comes to choosing exact target percentage numbers, but I'll choose some reasonable looking figures based on suggestions and just stick to that, keep adjustments to a minimum!
So my only issue now is that I can't figure out exactly what my current regional exposure is through the global trackers, I can only see the top few holdings rather than a complete breakdown.
Any ideas?
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Post by Ace on Jan 17, 2022 10:15:59 GMT
Thanks for your input everyone, I'm only managing to revisit this post Christmas. My plan is to keep the two global trackers I have: HSBC FTSE ALL WORLD VANGUARD FTSE GLOBAL ALL CAP and then buy regional trackers outside of the US to skew the numbers a bit. I realise there are many ways of skinning the cat when it comes to choosing exact target percentage numbers, but I'll choose some reasonable looking figures based on suggestions and just stick to that, keep adjustments to a minimum! So my only issue now is that I can't figure out exactly what my current regional exposure is through the global trackers, I can only see the top few holdings rather than a complete breakdown. Any ideas? Vanguard show a regional breakdown. See www.vanguardinvestor.co.uk/investments/vanguard-ftse-global-all-cap-index-fund-gbp-acc/overviewI don't know about HSBC, but I would expect that they have the same info on their product information page. EDIT: You need to click the Portfolio Data tab.
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Post by overthehill on Jan 17, 2022 11:32:33 GMT
Thanks for your input everyone, I'm only managing to revisit this post Christmas. My plan is to keep the two global trackers I have: HSBC FTSE ALL WORLD VANGUARD FTSE GLOBAL ALL CAP and then buy regional trackers outside of the US to skew the numbers a bit. I realise there are many ways of skinning the cat when it comes to choosing exact target percentage numbers, but I'll choose some reasonable looking figures based on suggestions and just stick to that, keep adjustments to a minimum! So my only issue now is that I can't figure out exactly what my current regional exposure is through the global trackers, I can only see the top few holdings rather than a complete breakdown. Any ideas?
Just a heads up for anyone who invests in funds, double check there is no spread between the buy and sell price ! 99.9% of funds have no spread but I was buying 10 REIT funds last week as diversification and I bought the Legal & General UK PAIF property fund then to my horror I noticed the buy + sell prices were different, 5.7% !!!! Frigging obscene, instant 5.7% loss, I was fuming. Normally you only need to worry about spreads with investment trusts and ETFs.
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jester
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Post by jester on Jan 18, 2022 10:53:16 GMT
Thanks for your input everyone, I'm only managing to revisit this post Christmas. My plan is to keep the two global trackers I have: HSBC FTSE ALL WORLD VANGUARD FTSE GLOBAL ALL CAP and then buy regional trackers outside of the US to skew the numbers a bit. I realise there are many ways of skinning the cat when it comes to choosing exact target percentage numbers, but I'll choose some reasonable looking figures based on suggestions and just stick to that, keep adjustments to a minimum! So my only issue now is that I can't figure out exactly what my current regional exposure is through the global trackers, I can only see the top few holdings rather than a complete breakdown. Any ideas? Vanguard show a regional breakdown. See www.vanguardinvestor.co.uk/investments/vanguard-ftse-global-all-cap-index-fund-gbp-acc/overviewI don't know about HSBC, but I would expect that they have the same info on their product information page. EDIT: You need to click the Portfolio Data tab. Thanks Ace not sure how I overlooked this, stupidly was just looking on sites such as Hargreaves Landsdown as opposed to Vanguard's own information. I'll see if HSBC provide similar then excitedly set myself up a spreadsheet of regional exposures
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james100
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Post by james100 on Jan 18, 2022 14:20:29 GMT
Thanks Ace not sure how I overlooked this, stupidly was just looking on sites such as Hargreaves Landsdown as opposed to Vanguard's own information. I'll see if HSBC provide similar then excitedly set myself up a spreadsheet of regional exposures jesterPut your ISINs (VWRL and HMWO or whatever) and allocations in here then click on "X-ray" to give composite view tools.morningstar.co.uk/uk/xray/editholdings.aspx?LanguageId=en-GB
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jester
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Post by jester on Jan 26, 2022 18:34:24 GMT
Thanks Ace not sure how I overlooked this, stupidly was just looking on sites such as Hargreaves Landsdown as opposed to Vanguard's own information. I'll see if HSBC provide similar then excitedly set myself up a spreadsheet of regional exposures jesterPut your ISINs (VWRL and HMWO or whatever) and allocations in here then click on "X-ray" to give composite view tools.morningstar.co.uk/uk/xray/editholdings.aspx?LanguageId=en-GB james100 this is fantastic, rare to be sent something that does exactly what you need! With the markets having dropped a little I'm taking the opportunity to throw some spare cash into equities so yet more balancing needed ... but this makes it easy. Appreciate it!
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keitha
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2024, hopefully the year I get out of P2P
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Post by keitha on Jan 26, 2022 23:05:05 GMT
That looks really good
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mogish
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Post by mogish on Jan 29, 2022 12:10:28 GMT
Trustnet charting is a good tool for fund comparison. Also Fidelitys new portfolio xray tools are also good but not sure if you can access Fidelity without an account.
Both are good to see what you could've had as opposed to the ones you have!😁
I'm sure someone will respond to this, but I also hold all cap and just started switching my managed funds to HSBC all world as using the tools has shown that historically trackers usually deliver similar overall performance at much less cost.
Personally it stops me dabbling and getting stressed out looking at a sea of red. Fill and forget.... it's all out with my control anyways.
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