Donate to Remove ads

Got a credit card? use our Credit Card & Finance Calculators

Thanks to johnstevens77,Bhoddhisatva,scotia,Anonymous,Cornytiv34, for Donating to support the site

LifeStrategy 100% US exposure

Index tracking funds and ETFs
nmdhqbc
Lemon Slice
Posts: 634
Joined: March 22nd, 2017, 10:17 am
Has thanked: 112 times
Been thanked: 226 times

LifeStrategy 100% US exposure

#353636

Postby nmdhqbc » November 5th, 2020, 8:44 am

On HL website it says 31.64% US. It feels like that has gone down. Does anyone remember? VWRL is now 55.94% US. I don't remember that gap being so big. Do they announce such changes anywhere?

Shaker
Posts: 44
Joined: February 17th, 2020, 12:17 am
Has thanked: 20 times
Been thanked: 10 times

Re: LifeStrategy 100% US exposure

#353653

Postby Shaker » November 5th, 2020, 9:31 am

No, you just have to keep looking at the factsheets. The downside of Lifestrategy is they have consistently had an overweight home-bias to UK stocks.

Adamski
Lemon Quarter
Posts: 1075
Joined: July 13th, 2020, 1:39 pm
Has thanked: 1465 times
Been thanked: 553 times

Re: LifeStrategy 100% US exposure

#353674

Postby Adamski » November 5th, 2020, 10:00 am

You may want to look at Fidelity Index World P, 66% US.

Stonge
Lemon Slice
Posts: 523
Joined: November 4th, 2016, 3:15 pm
Has thanked: 62 times
Been thanked: 116 times

Re: LifeStrategy 100% US exposure

#353703

Postby Stonge » November 5th, 2020, 11:00 am

Thanks for pointing that out. What on earth is the 15% allocation to Ireland? What's going on?

langley59
Lemon Slice
Posts: 325
Joined: November 12th, 2016, 12:12 pm
Has thanked: 120 times
Been thanked: 102 times

Re: LifeStrategy 100% US exposure

#353717

Postby langley59 » November 5th, 2020, 11:23 am

Stonge wrote:Thanks for pointing that out. What on earth is the 15% allocation to Ireland? What's going on?

I would hazard a guess that its probably underlying funds registered there rather than exposure to the Irish stock market.

mc2fool
Lemon Half
Posts: 7812
Joined: November 4th, 2016, 11:24 am
Has thanked: 7 times
Been thanked: 3017 times

Re: LifeStrategy 100% US exposure

#353746

Postby mc2fool » November 5th, 2020, 12:27 pm

nmdhqbc wrote:On HL website it says 31.64% US.

And HL is obviously wrong, even by HL's own figures.

While HL's "Top 10 Countries" for the fund says 31.64% US, looking at HL's "Top 10 Holdings" finds Vanguard U.S Equity Index GBP 19.38% and Vanguard S&P 500 UCITS ETF (USD) Distributing 14.12%, which make up 33.5% just themselves.

Then there's also Vanguard FTSE Developed World ex-U.K Equity Index GBP 19.18%, and following that through finds that 62.59% of that is US, so that adds another 12% to the LS100 US exposure, for a total of 45.5%.

And that's pretty close to Trustnet's figure of 46.85% for "North American Equities", the 1.35% difference presumably being made up by Canada. https://www.trustnet.com/factsheets/o/a ... 100-equity

nmdhqbc
Lemon Slice
Posts: 634
Joined: March 22nd, 2017, 10:17 am
Has thanked: 112 times
Been thanked: 226 times

Re: LifeStrategy 100% US exposure

#353758

Postby nmdhqbc » November 5th, 2020, 12:42 pm

mc2fool wrote:
nmdhqbc wrote:On HL website it says 31.64% US.

And HL is obviously wrong, even by HL's own figures.

While HL's "Top 10 Countries" for the fund says 31.64% US, looking at HL's "Top 10 Holdings" finds Vanguard U.S Equity Index GBP 19.38% and Vanguard S&P 500 UCITS ETF (USD) Distributing 14.12%, which make up 33.5% just themselves.

Then there's also Vanguard FTSE Developed World ex-U.K Equity Index GBP 19.18%, and following that through finds that 62.59% of that is US, so that adds another 12% to the LS100 US exposure, for a total of 45.5%.

And that's pretty close to Trustnet's figure of 46.85% for "North American Equities", the 1.35% difference presumably being made up by Canada. https://www.trustnet.com/factsheets/o/a ... 100-equity


Ah, yes. I should know never to trust info like this.
Maybe this and the Ireland exposure explains the mistake. If you add Vanguard S&P 500 UCITS ETF (USD) Distributing 14.12% to 31.64% you get about 45%. So maybe HL have counted the S&P 500 tracker as "Ireland" by mistake.

Stonge
Lemon Slice
Posts: 523
Joined: November 4th, 2016, 3:15 pm
Has thanked: 62 times
Been thanked: 116 times

Re: LifeStrategy 100% US exposure

#353762

Postby Stonge » November 5th, 2020, 1:07 pm

Thanks all, panic over (for me).


Return to “Passive Investing”

Who is online

Users browsing this forum: No registered users and 5 guests