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Is VUSA what I'm looking for?

  • 27-08-2018 11:31AM
    #1
    rkelly174
    Registered Users, Registered Users 2 Posts: 22 ✭


    So I'm looking to invest in ETFs in DeGiro.

    I have seen and read about the complications with US ETFs being banned and the ridiculous 8 year deemed disposal with UCITS ETFs but as I starting out with my portfolio I don't see any other option but to go with a European-domiciled ETF.

    That being said, I want to invest about 10% of my wages every month into one ETF for about 8 years and hold it there. (Like on the spreadsheet made by Dardania). I want the dividends to remain in the fund and not be taxed on them (Accumulating?). Is VUSA on De Giro the right fund for me? If not, could you suggest another one that might be better suited?

    Thanks in advance


Comments

  • #2
    Jim2007
    Moderators, Business & Finance Moderators Posts: 11,066 Mod ✭✭✭✭Jim2007


    You like in Euroland and I assume spend in Euros, so why would you skew it entirely towards the US in dollars. Look at a world index in Euro. This not a recommendation, but rather an example of the type of thing:

    Amundi MSCI World UCITS ETF - EUR


  • #3
    rkelly174
    Registered Users, Registered Users 2 Posts: 22 ✭rkelly174


    European-domiciled are less favourable taxwise, according to posts on here anyways.


  • #4
    The Notorious B.I.G.
    Registered Users, Registered Users 2 Posts: 14 ✭The Notorious B.I.G.


    rkelly174 wrote: »
    European-domiciled are less favourable taxwise, according to posts on here anyways.

    The VUSA offering on De Giro is European domiciled. You cannot currently get access to non European domiciled versions of Vanguards ETFs through De Giro or any other Irish stock broker for that matter.


  • #5
    [Deleted User]
    Posts: 19,205 ✭✭✭✭ [Deleted User]


    The Notorious B.I.G. wrote: »
    The VUSA offering on De Giro is European domiciled. You cannot currently get access to non European domiciled versions of Vanguards ETFs through De Giro or any other Irish stock broker for that matter.

    how can you do it then?


  • #6
    The Notorious B.I.G.
    Registered Users, Registered Users 2 Posts: 14 ✭The Notorious B.I.G.


    glasso wrote: »
    how can you do it then?

    It seems the only way it can be done as of 1st Jan 2018 is by opening a brokerage account with a US based stockbroker. It's currently being discussed here.

    https://touch.boards.ie/thread/2057822332/1


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  • #7
    Pussyhands
    Registered Users, Registered Users 2 Posts: 8,237 ✭✭✭Pussyhands


    Jim2007 wrote: »
    You like in Euroland and I assume spend in Euros, so why would you skew it entirely towards the US in dollars. Look at a world index in Euro. This not a recommendation, but rather an example of the type of thing:

    Amundi MSCI World UCITS ETF - EUR

    Can you explain? You mean because of the currency exchange affecting returns?


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