I was looking around for a globally diversified ETF for long term investment and chanced upon this super low fees (TER 0.07%) Amundi All Country World ETF WEBG (ISIN: IE0009HF1MK9). For those of us who are familiar with Endowus/Poems investing our CPF/SRS, the likely choices would be the 0% sales charge and low fees of Amundi MSCI World or the Amundi Prime USA unit trusts
WEBG is a relatively "young" ETF with about 2 years track record. Comparing against the more established Vanguard VWRA and Invesco FWRA, it has a similar return performance of 44% over the past 2 years. The fund has been growing very quickly with an increase of few hundred million NAV in just the past month, probably due to its super low fees of 0.07% undercutting FWRA 0.15% and VWRA 0.19% TER
I also like WEBG because it covers Taiwan TSMC and growth countries of China and India. Exposure to USA markets is lower at 60% and this ETF is also domiciled in Ireland, for a better 15% dividend withholding tax. I chose the distribution WEBG because I like to have abit of dividend yield of around 1%, but for investors who prefer faster compounding there's also an accumulation WEBQ version
Press on Financial Warrior, YOU Mighty Man of Valour!
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