Hi everyone,
I’m a 40-year-old guy from Europe, investing for the long term.
I’m looking for some advice on my ETF strategy. My main objective is to reduce my exposure to the US market and to the US dollar.
At the moment, my overall portfolio is heavily exposed to the US through investment funds. I plan to keep those investments, but I want to add more diversification in my future contributions.
I recently started investing in ETFs and my current ETF allocation is:
• 60% Amundi Core STOXX Europe 600
• 20% Amundi Core MSCI Japan
• 20% iShares Core MSCI EM IMI
The tickers I selected are LYP6 (XETRA), LCUJ (XETRA) and IS3N (XETRA).
All of them are accumulating ETFs, and I chose XETRA listings in order to minimize USD exposure and avoid currency conversion costs.
Does this allocation make sense given my objective of reducing exposure to the US and the US dollar?
Are there any major blind spots or risks I should be aware of?