Global equity funds...any good?

[Longy00000]

Recently sold some holdings that had become disproportionately big as a percentage if my portfolio.
So following some realignment I'm left with a decent cash pile looking for a home.

Had looked at global equity funds but most seem to have a fairly high percentage in the US large caps of which I've got decent exposure to already. about 30% of current holdings are in the US now.

Are there any fancied funds out there that I should be looking at and should I just ignore the US exposure as I'm.obviously quite keen on the US for the next few years min.

[PoorCarCollector]

Longy00000 said:

Recently sold some holdings that had become disproportionately big as a percentage if my portfolio.
So following some realignment I'm left with a decent cash pile looking for a home.

Had looked at global equity funds but most seem to have a fairly high percentage in the US large caps of which I've got decent exposure to already. about 30% of current holdings are in the US now.

Are there any fancied funds out there that I should be looking at and should I just ignore the US exposure as I'm.obviously quite keen on the US for the next few years min.

Your post is a bit all over the place. You mention you're 'obviously quite keen on the US market' but only have a 30% exposure currently?

What's your aim with the investment, your age, timescale etc? What are you looking for in a fund?

Most global equity funds have a large portion in the US, is this not good for you, based on the above?

I personally like the HSBC FTSE All world index and VHVG but there are lots of options

[PM3]

I too am a fan of VHVG Developed world ETF . Has all that natuarl high exposure to US etc , but no "developing world " markets
I have 54% of my non pension exposure in this .

Wanting even MORE US exposure I have most of the remaining in VUAG ( S&P500 )

All low anual charge etc so not sucking the life out

[Longy00000]

Yeah my post wasn't too clear.
I'm keen on rhe US hence why a third of my holdings are already in rhe US so not really looking for even more if this is possible.
Top 5 holdings in most global funds appear to be exactly the same nvidia etc. My point was I already have those and are there any global.based funds that don't have such a big US exposure?
Ball park current portfolio
32% US
25% UK
10% Europe
10% in direct individual stocks that I like
Leaving 20% ish sitting in cash
I watch fairly closely what my funds are doing and if rhey perform I generally hold for the long term so no targeted end date like 3 years, 5 years or whatever.
I normally only keep about 5% in cash so just looking for fresh eyes on rhe situation really in case anyone has a fund that is more global but without the US bias?

[deggles]

30% US exposure doesn’t seem that high, given that US is 60% of global equities by market cap. There are plenty of funds/ETFs that specifically exclude US equities if that’s what you want, just look for ‘ex-US’. https://www.investopedia.com/articles/etfs-mutual-...

[Panamax]

I think the days of automatically having heavy investment in your home market are long gone, especially if your home market is UK. UK performance has been sluggish for a long time, even though many of the bigger companies have international businesses.

I only hold about 10% in UK. I'd love to believe it was worth holding more but I simply don't think the UK "story" would justify it.

Yes, there are decent global equity funds out there which you could easily use as part of your overall strategy.

[Wombat3]

Panamax said:

I think the days of automatically having heavy investment in your home market are long gone, especially if your home market is UK. UK performance has been sluggish for a long time, even though many of the bigger companies have international businesses.

I only hold about 10% in UK. I'd love to believe it was worth holding more but I simply don't think the UK "story" would justify it.

Yes, there are decent global equity funds out there which you could easily use as part of your overall strategy.

AFAIK the UK represents only about 4% of the global market now - the US is over 70%

[Sheepshanks]

Longy00000 said:

25% UK

How many of your UK holdings get their earnings mainly in the UK? I recall reading that 80% of the total income of all FTSE 100 companies is from outside the UK.

[supersport]

I am sure I’ve seen discussion of non-market weighted global trackers. I just can’t remember where to link to them.

[Phooey]

US is currently 73% of MSCI World Index

https://www.msci.com/documents/10199/178e6643-6ae6...

71% of MSCI World All-Cap

65% of MSCI ACWI (12.000 stocks)

Edited by Phooey on Friday 29th November 07:06

[Panamax]

supersport said:

I am sure I’ve seen discussion of non-market weighted global trackers. I just can’t remember where to link to them.

Yes, a non-weighted index puts the same cash amount in each constituent of the index. This has its own shortcomings as set out in this link to the always useful Investopedia,
https://www.investopedia.com/terms/u/unweightedind...

[Simpo Two]

Longy00000 said:

I normally only keep about 5% in cash so just looking for fresh eyes on rhe situation really in case anyone has a fund that is more global but without the US bias?

India?

[Gixer968CS]

Schroder Global Equity. Run by a guy named Alex Tedder. He has a thematic approach with quite a "boring" investment style that delivers outstatnding longer term returns. He has an awesome sharpe ratio. I too have passives in my portfolio but this fund is a good core holding for equity only exposure.

[Ezra]

If you want a global fund, excluding the US entirely, take a look at Xtrackers MSCI World, exUSA ETF (EXUS). That might fit your requirements.

[Longy00000]

So maybe I shouldn't be too concerned about increasing my exposure to the US given their representative size in rhe global economy.
Some interesting links and funds being jettisoned so thanks for the responses

[bitchstewie]

Remember that US listed isn't the same as where the money comes from.