[EU-Spain] Portfolio review and questions

For residents of Spain.
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Topic Author
EUBoglehead
Posts: 32
Joined: Sun Dec 11, 2016 2:51 am

[EU-Spain] Portfolio review and questions

Post by EUBoglehead »

Hi to you all guys,

So, I wanted to ask some questions about the portfolio I've built, as well as some questions regarding my future investments and/or change some of my current ETFs

Current situation:
  • Married, taxed filled separately
  • Age: 33y
  • Broker: Interactive brokers
  • Portfolio size: 30K euro
  • Annual portfolio investment:5-8K euros
  • Portfolio: 100% ETF based
My current portfolio is the following
  • World stocks:
    • iShares Core MSCI World UCITS ETF (IWDA)
    • TER:0,20%
    • Distribution Style: Accumulating
    • Allocation: 20%
  • European stocks:
    • iShares STOXX Europe 600 UCITS ETF (DE) (EXSA)
    • TER:0,20%
    • Distribution Style: Distributing
    • Allocation: 25%
  • US stocks:
    • iShares Core S&P 500 UCITS ETF (SXR8)
    • TER:0,07%
    • Distribution Style: Accumulating
    • Allocation: 10%
  • Emerging Markets stocks:
    • iShares Core MSCI EM IMI UCITS ETF (EMIM)
    • TER:0,25%
    • Distribution Style: Accumulating
    • Allocation: 10%
  • RETIS:
    • iShares Developed Markets Property Yield UCITS ETF (IQQ6)
    • TER:0,59%
    • Distribution Style: Distributing
    • Allocation: 10%
  • European Bonds:
    • iShares € Aggregate Bond UCITS ETF (IEAG)
    • TER:0,25%
    • Distribution Style: Distributing
    • Allocation: 25%
So, now to the Q&A part:
  1. What do you think of this portfolio and asset allocation distribution?
  2. I usually buy each ETF on January, and keep the same allocation until July (if enough savings to invest in all of the again) or keep it as is, until the next January so, I want to reduce my brokerage costs and I still haven't figure out yet if its better to invest each month in 1 ETF, to lower the maintenance fee IB charges me (10USD monthly vs 4EUR to buy 1250 EUR per ETF), or just assume that cost and BE IN THE MARKET the whole year, opinions & suggestions please?
  3. I like to receive dividends in cash, so I'm able to rebalance myself, and "see real growth", is it worth to change them or should I keep buying accumulating ETFs? I have found the same ETFs I have but in distributing style (SXR8 -> IUSA (TER 0,40%) / IWDA -> IWRD (TER 0,50%) / EMIM -> IEEM (TER 0,75%))
  4. If I should change them to distributing, should I also change my current ETFs of keep them to avoid double brokerage fees?
I think those are my questions for the moment, waiting to hear from your opinions and help
Best regards and many thanks
User avatar
galeno
Posts: 2653
Joined: Fri Dec 21, 2007 11:06 am

Re: [EU-Spain] Portfolio review and questions

Post by galeno »

Keep it simple. 75% VWRL + 25% IEAG. You may want to take a look at the Irish Vanguard euro bond ETFs which have better ERs (0.12%) vs IEAG.
KISS & STC.
Topic Author
EUBoglehead
Posts: 32
Joined: Sun Dec 11, 2016 2:51 am

Re: [EU-Spain] Portfolio review and questions

Post by EUBoglehead »

Many thanks for the info galeno, my issue is that vanguard doesn't have those etfs in EUR currency nor European listings.
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