sharetrader
Page 2 of 2 FirstFirst 12
Results 16 to 20 of 20
  1. #16
    Member
    Join Date
    Sep 2007
    Posts
    379

    Default

    A few points. You need to decide if you want passive or active investments. ETFs are passive and investment trusts are active. I use both. Investment trusts are excellent for active investment as they are transparent and have lower fees than unit trusts. I stick with mainly global investment trusts and use ones with low fees. Scottish Mortgage has a max fee of 0.5% which has returned 168% for 5 years compared with the global index of 67% according to trustnet.com. There is no guarantee this will indicate future performance. I have sold a number that have under performed. Some are listed on the NZX.
    Keep things simple. Perhaps use a couple of etfs for the core of your portfolio and a few investment trusts for active management. I do like an Etf that reflects the US market which represents 50% of the global share market. Few funds outperform the sp500 long term.
    I purchase etfs on the asx. Using an asx online broker, fees are only 0.1% for purchase.
    I do believe the NZX will have a global etf by the end of the year.

  2. #17
    Guru
    Join Date
    Nov 2013
    Posts
    3,043

    Default

    Quote Originally Posted by voltage View Post
    I do believe the NZX will have a global etf by the end of the year.
    Rumour or speculation? By NZX/Smartshares? Seems obvious but they added 2 new Australian funds instead.

    Lets hope with the purchase of superlife, they can get the smartshares upto scale and the fees % down.

  3. #18
    Member
    Join Date
    Sep 2007
    Posts
    379

    Default

    i know, silly, who wants those dividend funds when you pay nz tax on the net dividends and unable to access franking credits.

  4. #19
    Junior Member
    Join Date
    Feb 2015
    Posts
    12

    Default

    Hi again, thanks for all the useful feedback on investment trusts. I was just wondering is it possible to open a UK online account. there is a only a few UK investment trusts on offer with ASB securities.

  5. #20
    Member
    Join Date
    Aug 2015
    Posts
    208

    Default

    Interesting reading this thread with the benefit of hindsight and my now much more informed status. Someone directed KwKiwi innocently with misleading information, someone was holding WWH and showed their then returns which was pre-boom...I hope they held! And for what is worth, if you don’t hold WWH now, take a look at BBH as the new alternative which is still barely above NAV.

    For my portfolio listed UK Invesment Trusts have been a major positive way forwards. Buying in the UK, I have had great returns, through very very careful selection, great global exposure and am so thankful that I generally do my own research and do not take someone else’s advice. I will however, take anyone’s pointers as that is how I initially got into them in 2010 via the NZX (HFL, TCL and BIT at that time).

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •