Page 1 of 1

New etf's - v cheap All Country and Dev ex USA

Posted: March 22nd, 2024, 8:52 am
by mrbatch
Hi,
Saw these 2 new etfs recently launched

1. 0.07% Amundi Prime All Country World UCITS ETF (WEBG)
WEBG’s fee undercuts the Invesco FTSE All-World UCITS ETF (FWRA) which launched last year and carries a TER of 0.15%.

It also undercuts State Street Global Advisors’ (SSGA) popular SPDR MSCI ACWI IMI UCITS ETF (SPYI), which has a 0.17% fee.

WEBG physically replicates the Solactive GBS Global Markets Large & Mid Cap index of 3469 large and mid-cap companies from developed and emerging markets.

The index captures the largest 85% of the free-float market capitalisation of global equities.

Microsoft was the index’s top holding at 4.3%, followed by Apple at 3.7% and Nvidia at 3.1%, as at 12 March.

2. DWS launches Europe’s first world ex-US ETF 0.15% TER - ticker EXUS

DWS has launched Europe’s first MSCI World ex USA ETF as investors increasingly look to separate their US equity allocations. The Xtrackers MSCI World ex USA UCITS ETF (EXUS) is listed on the Deutsche Boerse with a total expense ratio (TER) of 0.15%. The ETF will list on the London Stock Exchange on Friday.

EXUS physically replicates the MSCI World ex USA index to capture large and mid-cap companies from 22 global developed markets, excluding the US.

The index is comprised of 870 constituents, covering approximately 85% of the free float-adjusted market capitalisation in each country.

Japan is the index’s highest country exposure, at 21.2%, followed by the UK at 12.9% and France at 10.8%.

The launch follows the boom of ‘Magnificent 7’ stocks, particularly Nvidia, which has led to an increasingly higher weighting in the MSCI world index, standing at 19% at the end of February.

As a result, the US currently accounts for 70% of the weighting in the index.

Re: New etf's - v cheap All Country and Dev ex USA

Posted: March 22nd, 2024, 10:16 am
by GeoffF100
WEBG does not appear to be listed on the London Stock Exchange. EXUS is listed, and is a new ETF managed by Xtrackers.

Re: New etf's - v cheap All Country and Dev ex USA

Posted: March 22nd, 2024, 12:24 pm
by EthicsGradient
With new ETFs that aren't 'typical', it's worth checking the UK reporting status if you intend to hold them outside a tax wrapper - for EXUS, at https://etf.dws.com/en-gb/IE0006WW1TQ4- ... ts-etf-1c/ , under "tax data", it says it does not have UK reporting status (yet?). This means capital gains are treated as income for tax purposes.

Re: New etf's - v cheap All Country and Dev ex USA

Posted: March 22nd, 2024, 12:52 pm
by Lootman
mrbatch wrote:2. DWS launches Europe’s first world ex-US ETF 0.15% TER - ticker EXUS

DWS has launched Europe’s first MSCI World ex USA ETF as investors increasingly look to separate their US equity allocations. The Xtrackers MSCI World ex USA UCITS ETF (EXUS) is listed on the Deutsche Boerse with a total expense ratio (TER) of 0.15%. The ETF will list on the London Stock Exchange on Friday.

EXUS physically replicates the MSCI World ex USA index to capture large and mid-cap companies from 22 global developed markets, excluding the US.

The index is comprised of 870 constituents, covering approximately 85% of the free float-adjusted market capitalisation in each country.

Japan is the index’s highest country exposure, at 21.2%, followed by the UK at 12.9% and France at 10.8%.

The US-listed equivalent from Vanguard - VXUS - has a TER of just 7 basis points, and includes thousands of stocks including smallcaps.

Not sure if UK brokers let you buy it though.