Don't overestimate currency risk. Take a company like Diageo for example. Their base currency is GBP. But their income is worldwide. You've very little exposure to GBP FX risk buying them - if GBP devalues, their share price (quoted in GBP) increases. It's similar with any global company - their income in spread across multiple currencies, so your FX exposure isn't always to the currency the share is quoted in (or even for Euro based companies, they've exposures to global currency fluctuations).I’ve tried to reduce currency risk
Ok but it’s important to avoid “analysis paralysis”.I do like an idea of investing in a variety of funds
Sorry to jump in OP but I'm in a similar position with a 15-20 year timeframe. Is the International Equity fund with Zurich too? Looking for a diversified fund that I can make monthly contributions to and like you said not look at it for 15 years.Allocate 100% to the International Equity fund. And don’t look at it for at least 10 years.
The 1% FMC only tells part of the story. The real fund cost is the Total Expense Ratio (TER). From memory the TER of the Prisma 2 Fund is about 1.85% p.a. But check this with Zurich.
Not entirely sure what this is though
TER could very well be 1.02% p.a..
Note entirely sure what this is though - pdf attached. This is Prisma 2 on their Life Savings Plus Product (also AMC of 1% pa). Ongoing Costs per year = 1.78%+0.14%
View attachment 4363
Sorry to dig up an old thread, but I'm trying to find the same document for the Prisma 5 fund, does anyone know where I can find this?
Thanks Gerard for responding. What I'm trying to estimate is the annual cost for Prisma 5. Based on the link you sent, I came across this document (pg3) and this one (pg2) which I think do give me the answer.All the funds under the different products are available here
But, as I stated above, there are no PRSA PRIIPS documents so the information you're reading isn't really relevant for comparison purposes as there are no early exits charges on PRSAs and the AMC is maxed at 1%.
Gerard
www.prsa.ie
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?