since we are on topic of tax optimisation, does it mean that you all don't buy US-domiciled ETF???
only buy their counterpart like Irish domiciled ETF??
[DIY] S&P 500 Index w/ 0.07% Annual Fee, Buy the best companies in the world
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 Nov 10 2019, 09:58 AM
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#21
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1,917 posts Joined: Sep 2012 
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Nov 10 2019, 10:14 AM
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#22
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QUOTE(alexkos @ Nov 10 2019, 10:02 AM) Yes... Only irish then, everything in EUR??? will EUR/MYR go up or down after brexit? |
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Nov 10 2019, 10:33 AM
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#23
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QUOTE(alexkos @ Nov 10 2019, 10:29 AM) u can hoot CSP1/CSPX, US-denominated Irish-domiciled why is there a price difference between CSPX and VOO even though both track S&P500 and in USD? |
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Nov 10 2019, 04:05 PM
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#24
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QUOTE(roarus @ Nov 10 2019, 12:36 PM) Throughout Europe (e.g. Switzerland SWISS SIX/Germany XETRA/London LSE), usually the popular Irish funds are available in EUR, GBP and USD denomination. Thanks! Assuming non currency hedge class of a fund, after purchase you'll be owning securities tied to the underlying company stocks - partial ownership of the companies and not hard currency. The price just reflects the converted perceived value of the aggregated stocks in EUR/GBP/USD. In the scenario: i. S&P500 index is unchanged ii. GBP currency rallies hard against the EUR and USD iii. EUR currency drops against USD and GBP USD denominated CSPX price unchanged EUR denominated SXR8 price will increase GBP denominated CSP1 price will drop It's anyone's guess Simply because they're different funds, they just happen to track the same index. They have their own net asset value and they can splice it up and set any initial price at inception they want. Even if they started out at the same price, they will eventually drift apart due to tracking error, expense ratio and dividend payout/reinvestment. I like it better if they're priced higher, as each cent difference in bid/ask translates to lower % spread difference: i. $50, bid/ask 49.99/50.01 = 0.04% ii. $200, bid/ask 199.99/200.01 = 0.01% Then I won't be transferring money to USD anymore, just EUR. |
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Nov 10 2019, 07:07 PM
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#25
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for iShares MSCI China ETF in Nasdaq, this is china-domiciled but traded in the US, how does the tax work?
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Nov 10 2019, 08:27 PM
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#26
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QUOTE(roarus @ Nov 10 2019, 08:23 PM) And you're holding EUR because you're retiring there/have kids planning to study there/foreseeable trip to EU? no.... simply because it allows us to buy Irish-domiciled ETF. and transferring money into EUR is easier than USD for IBKR. |
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Nov 11 2019, 05:23 AM
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#27
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VUSA has much higher trading volume according to Bloomberg, compared to SXR8. Is VUSA not preferable then?
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Nov 12 2019, 07:08 AM
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#28
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anyone using TSG?
If you buy USD-denominated ETF in LSE, how do they charge you? Is it in GBP or USD? |
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Nov 12 2019, 11:43 AM
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#29
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QUOTE(roarus @ Nov 12 2019, 11:20 AM) USD, for the amount equivalent to GBP1.50 (min) or 0.12% of traded value whichever higher. so it costs 1USD extra to invest in Irish domiciled ETF, as opposed to US domiciled. So 12 months would be 12 USD extra per ETF. Typically GBP1.50 translates to USD1.90 - 1.95  |
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Nov 13 2019, 12:27 AM
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#30
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is there any other fees involved? Like exchange fees, clearing fees, VAT etc?
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Nov 13 2019, 06:10 AM
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#31
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QUOTE(dwRK @ Nov 13 2019, 05:27 AM) That would be 12 USD extra for 12 ETF...not per ETF DCA in 12 months for 1 ETF = 12 USD. No? Because extra 1 USD per trade. Fixed the logic for you...   |
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Nov 13 2019, 06:58 AM
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#32
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US has no exchange fees? how come?
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Dec 3 2019, 12:31 AM
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#33
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wah.... one day dropped about 4.5%!!
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Dec 3 2019, 02:43 AM
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#34
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QUOTE(Ramjade @ Dec 3 2019, 01:12 AM) What drop? SXR8... now has recovered slightly .... |
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Dec 3 2019, 04:21 PM
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#35
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QUOTE(alexkos @ Dec 3 2019, 04:02 PM) OH NO FIRE SELLLLLLLLLLLLLLL yesterday in my portfolio, I saw SXR8 dropped by 4.5% but SXRV (tracking Nasdaq100) dropped by 9.x% .... I was like what??i bought earlier.... should sell now or not? This post has been edited by moosset: Dec 4 2019, 01:31 AM |
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Dec 4 2019, 09:08 PM
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#36
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anyone buying EQQQ or SXRV or their US counterpart?
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Dec 7 2019, 11:15 PM
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#37
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QUOTE(dwRK @ Dec 7 2019, 06:51 PM) next week gonna be a great week why? |
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Dec 8 2019, 12:14 AM
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#38
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next week is my next DCA deposit time ..... but now it went up again ... sigh..
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Dec 12 2019, 03:32 PM
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#39
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QUOTE(dwRK @ Dec 12 2019, 02:23 PM) bought any during the pullback? still too high.... can't really average down...I'm "expecting" prices to break Monday's high tonight, and hopefully Friday's high by weekend... then again it could just crash from here...lol if crash now, then it's good for me. |
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Dec 13 2019, 10:20 AM
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#40
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I just noticed that there's S&P500 ETF in S'pore stock exchange.
Why not just buy this one instead of SXR8? |
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