For a tax sheltered account, I'm trying to compare between the funds listed below. If I just look at the expense ratios in the table, which I've taken from Morningstar, it looks like the Amundi mutual funds should be cheaper overall than the iShares exchange traded fund.
|Fund|Expense Ratios|
|:-|:-|
|iShares MSCI ACWI ETF (ISAC) |.2%|
|Amundi Index MSCI World A12S-C|.1%|
|Amundi Core MSCI Emerging Markets A12S Accumulation|.2%|
However, I understand that the Amundi funds should be less tax efficient, because they are domiciled in Luxembourg as opposed to Ireland. I can't figure out whether this difference is already incorporated into the expense ratios and if not, how to quantify it.
I also wonder whether I'm overlooking any other important differences. Several people have asked the same question in Singapore-related subs, but it's the blind leading the blind over here, and no one has given an authoritative answer.