Does anyone other than Lemonjello (who rarely visits Languish anymore :( ) have alot of investing experience in offshore mutuals?
I have one already that kicks serious ass, which I got at his suggestion, but I want to shift more of my portfolio into offshore holdings... in particular I'm interested in Latin America (especially Brazil and to a lesser extent Mexico).
Venezuela! :w00t:
Quote from: Caliga on May 02, 2010, 02:30:11 PM
Does anyone other than Lemonjello (who rarely visits Languish anymore :( ) have alot of investing experience in offshore mutuals?
I have one already that kicks serious ass, which I got at his suggestion, but I want to shift more of my portfolio into offshore holdings... in particular I'm interested in Latin America (especially Brazil and to a lesser extent Mexico).
Do you mean mutual funds specializing in foreign holdings or mutual funds actually in Mexico?
Anyway, if its the former, the answer is yes, if it is the latter, then no.
Fidelity has a bunch of international mutual funds, listed at the link below, including one for Latin America. The expense ratio is over 1%, which is kind of high.
http://personal.fidelity.com/products/funds/mutual_funds_overview.shtml.cvsr
All my international funds are in one place at Vanguard which is an index fund that is the entire world, less the US. The expense ratio is around .4%.
Quote from: alfred russel on May 02, 2010, 02:34:33 PM
Do you mean mutual funds specializing in foreign holdings or mutual funds actually in Mexico?
Sorry, the former.
Quote from: alfred russel on May 02, 2010, 02:38:54 PM
All my international funds are in one place at Vanguard which is an index fund that is the entire world, less the US. The expense ratio is around .4%.
ticker pl0x
Quote from: Caliga on May 02, 2010, 02:42:26 PM
Quote from: alfred russel on May 02, 2010, 02:38:54 PM
All my international funds are in one place at Vanguard which is an index fund that is the entire world, less the US. The expense ratio is around .4%.
ticker pl0x
This is the fund I use (VFWIX):
https://personal.vanguard.com/us/funds/snapshot?FundId=0770&FundIntExt=INT
The Latin American Fidelity Fund is (FLATX):
http://personal.fidelity.com/products/funds/mfl_frame.shtml?315910844
If you want broad international exposure, you can't do better than my fund since it theoretically covers the entire world excluding the US--hence it is the only fund I own. The ticker symbol for the Latin American fund may not be to your liking.
:lmfao:
P-O-N-Z-I,
P-O-N-Z-I,
P-O-N-Z-I,
And Ponzi was his name-o.
I am hard-pressed to think of any reason why an offshore fund would have any significant advantages over onshore.
Does it have to be a mutual fund?
QuoteTop Emerging Market ETFs as of 2/28/10
Fund Name Get Info Overall Rating Risk Grade
PowerShares Emg Mkts Infrastructure PXR A+ B-
SPDR S&P Emerg Middle East&Africa GAF A+ C+
iShares JPMorgan USD Emg Mkts EMB A C+
Vanguard Total World Stock ETF VT A C+
WisdomTree Emrg Mkts Hi Ylg Eq DEM A C
SPDR S&P Emerging Latin America ETF GML A C
SPDR S&P Emerging Markets ETF GMM A C
WisdomTree Emg Mkts SmCap Div DGS A- C
SPDR S&P International Div ETF DWX A- C
SPDR S&P Emerging Asia Pacific ETF GMF B+ C
Source: TSC Ratings