Small portfolio update.
I have sold the position in the Japanese market $LCJD.L (Amundi MSCI Japan UCITS ETF Acc) at around 11% profit in less than six months. There is a currency and bond price turbulence in Japan and I am very unclear how the situation will end up for the stock market. Its too complicated and too many variables to really have a position in at the moment I felt, better to leave this market with a profit for now.
As I said last week, I am not keen to hold a USD cash position at the moment, so I have effectively invested from Japan into India with $XCX5.L (Xtrackers MSCI India Swap UCITS ETF) This is due to values still being very reasonable (considering potential) and the extremely positive news of the recent EU trade agreement. I felt I didn't really have enough exposure to this fast growing market. A good ETF with a low fee is a good way to capture general returns from a region.
Thanks as always to all my copiers. I am very pleased with this month return, which currently at 5.4% is ahead of my own expectations at the start of the year!
These are my own thoughts and opinions and are not investment advice. ... Show More
Great update, thanks for sharing! Smart move taking profits in Japan and reallocating to India looks like a thoughtful way to balance risk and opportunity.... Show More
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