Background info:
a. Using X-Ray of MorningStar (thanks Xuzen), i noticed Global Titan Luxemburg-based stocks/funds/ETFs.
eg [attachmentid=5523628]
b. US listed stocks & ETFs (be it S&P500, Japan, EU, etc ETFs) has a 30% tax on dividends for non-resident aliens.
Thus my Q to check whether any forumers know:
In the real-world, assuming one can afford to buy ETFs directly on US-listed boards, is (a.) more tax effective?
coz in the long run, if (a.) is more tax effective, things like Global Titan MAY be more cost effective even if i factor in the initial higher purchase cost + yearly costs of mutual funds
er.. just asking & hoping for some enlightened fellow forumers' response.
i did already post the Q to FSM just only

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BTW, just to share a "toy" i found (unsure it was shared earlier):
https://www.portfoliovisualizer.com/backtes...analysisResultsJan 2006-2015 Results of:
3 ETFs/Funds - Vanguard Total Stock Market ETF (VTI), iShares Barclays 20 Year Treasury Bond Fund ETF (TLT) & Vanguard REIT ETF (VNQ)
VS
some default lazy / coffehouse portfolio asset allocation
VS
S&P 500 Total Return
[attachmentid=5523568]
[attachmentid=5523573]
1. Why 2006 Jan onwards? coz some ETFs'/Funds' data doesn't exist before that that
2. Why those 3 ETFs/Funds? coz based on the correlation data (see attached PDF), "good enough returns" for negative or slight correlations with the other 2
[attachmentid=5523615]
After looking at the asset correlation table; I will now happy happy go back to the nice comfortable bosom of FSM universe, where risk to reward ratio > 2 is still frequently available. Only thing is the corr-coeff at FSM universe is relatively high.
From the ETF table, the best bet is VTI + VO for the best portfolio mix.