Reconstructing total international fund (i.e. VXUS) with Fidelity institutional funds

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Topic Author
Guile
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Joined: Tue Jan 22, 2019 3:05 pm

Reconstructing total international fund (i.e. VXUS) with Fidelity institutional funds

Post by Guile » Wed Dec 04, 2019 6:26 pm

I have a very limited selection of funds I can use through my employer. Right now I am using Fidelity International Index FSPSX (ER 0.035) and Fidelity Emerging Markets FPADX (ER 0.035). I have 30% in FSPSX and 5% in FPADX. (10% in bonds, 55% in VITPX [ER 0.02] for domestic exposure).

Any recommendations in improving this asset allocation? It seems FSPSX excludes emerging markets and Canada I believe. Some other threads had some more info but I couldn't find an answer for reproducing VTI's total international.
Last edited by Guile on Thu Dec 05, 2019 12:07 am, edited 1 time in total.

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Duckie
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Re: Reconstructing total international fund (i.e. VTI) with Fidelity institutional funds

Post by Duckie » Wed Dec 04, 2019 7:18 pm

Guile wrote:Any recommendations in improving this asset allocation?
The 55/35/10 AA is a little low on bonds but fine.
I couldn't find an answer for reproducing VTI's total international.
VTI is total US stocks not total international. VXUS or IXUS would be the ETFs to use. Your 35/5 ratio of FSPSX/FPADX is close. 28/7 would be closer but either way you're missing the 5% Canada.

Do you have an IRA you could use for total international?

Topic Author
Guile
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Re: Reconstructing total international fund (i.e. VXUS) with Fidelity institutional funds

Post by Guile » Wed Dec 04, 2019 7:53 pm

I'm sorry I meant VXUS. Darn. Maybe someone could edit the topic title?

I am pretty young so I'm ok with 10% bonds.

This is for my IRA. In my taxable accounts I use Schwab's versions. I found a nice breakdown for the SCHF, SCHC, and SCHE to create a VXUS. I use 67% SCHF, 21% SCHE, and 12% SCHC.

The only other options I have for funds that I'd even consider (so not actively managed): VIIIX, FSMAX. Everything else has crazy high ER. So I'm pretty much left with FSPSX/FPADX.

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Duckie
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Re: Reconstructing total international fund (i.e. VXUS) with Fidelity institutional funds

Post by Duckie » Wed Dec 04, 2019 9:10 pm

Guile wrote:Maybe someone could edit the topic title?
You can edit your own title. On your first post you should see a little pencil symbol on the upper right. When you click on it you will see your post in draft form. At the top is a subject box that can be altered. Just change VTI to VXUS. That will change all future post titles.

(I altered the title on this post.)

Topic Author
Guile
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Re: Reconstructing total international fund (i.e. VTI) with Fidelity institutional funds

Post by Guile » Sun Dec 08, 2019 2:15 pm

Duckie wrote:
Wed Dec 04, 2019 7:18 pm
Guile wrote:Any recommendations in improving this asset allocation?
The 55/35/10 AA is a little low on bonds but fine.
I couldn't find an answer for reproducing VTI's total international.
VTI is total US stocks not total international. VXUS or IXUS would be the ETFs to use. Your 35/5 ratio of FSPSX/FPADX is close. 28/7 would be closer but either way you're missing the 5% Canada.

Do you have an IRA you could use for total international?
Just wanted to double check, since I can't add Canada with any of my remaining options then moving to 28/7 for total % of asset allocation would better represent VXUS? The other funds I have access to are just S&P 500 (VIIIX) and mid-cap blend (FSMAX).

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Duckie
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Re: Reconstructing total international fund (i.e. VXUS) with Fidelity institutional funds

Post by Duckie » Sun Dec 08, 2019 6:00 pm

:?:
Guile wrote:Just wanted to double check, since I can't add Canada with any of my remaining options then moving to 28/7 for total % of asset allocation would better represent VXUS?
Yes, although 30/5 is fine.
The other funds I have access to are just S&P 500 (VIIIX) and mid-cap blend (FSMAX).
If you are using VITPX in your employer plan you don't need to add VIIIX or FSMAX.

Earlier you wrote:
This is for my IRA.
Does that mean your employer plan is a SEP IRA or SIMPLE IRA?
In my taxable accounts I use Schwab's versions. I found a nice breakdown for the SCHF, SCHC, and SCHE to create a VXUS. I use 67% SCHF, 21% SCHE, and 12% SCHC.
If this is a taxable account held at Schwab why not use just VXUS or IXUS? Those ETFs have no transaction fees at Schwab.

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