Hi everyone, I’m looking for some feedback on my current portfolio strategy. My plan is to use a Dollar Cost Averaging (DCA) approach with the following allocation:
• 60% EUNL (iShares Core MSCI World)
• 30% CSPX (iShares Core S&P 500)
• 10% EIMI (iShares Core MSCI EM IMI)
I am trying to decide if this three-fund setup is better than just putting everything into VWCE (Vanguard FTSE All-World).
One concern I have is the significant overlap between EUNL and CSPX. Since EUNL is already roughly 70% US equities, adding another 30% of CSPX makes the portfolio very heavily weighted toward the US market. While this captures more of the S&P 500's performance, I'm wondering if it's over-concentrated.
On the other hand, this three-fund approach has a slightly lower weighted TER (Total Expense Ratio) compared to VWCE, but it requires manual rebalancing and involves more transactions.
What are your thoughts on this? Is the extra US exposure and the manual effort worth it, or should I just stick to the simplicity of a single All-World index like VWCE for a long-term DCA strategy? Thanks!