Irish domiciled MSCI World ETF

Pieface

Registered User
Messages
39
Hi, how do I go about investing in the above? I have an account with Degiro and Davy. I cannot figure the name of such an ETF. Thanks.
 

joe sod

Frequent Poster
Messages
718
Irish domiciled MSCI World ETF you would imagine with that title it would be good for irish investors but no, thats the irish taxation system for you. They bend over backwards to get these funds to domicile in ireland and tax them less than they would in other countries, thats the reason ireland regarded as a tax haven . Its almost a brass plaque arrangement the same as you get in gibralter or the channel islands and for which ireland has attracted an awful lot of flak.
Then you have investors from all over the continent investing in this but not irish investors because the irish government then goes and taxes the hell out of them way more than in any other area.
 

Zenith63

Frequent Poster
Messages
302

Zenith63

Frequent Poster
Messages
302
Makes sense that it wouldn’t be free now that you say it, wonder what the actual cost is. From that thread you linked, the poster is still suggesting you hedge but do it separately. Guessing for the average Joe putting a few hundred a month into ETFs, hedging separately is probably not practical.

Hedging is not free and paying such fees over the long haul will impact your returns. I tend to treat the hedge independent of the investment. If I expect to draw down say 30k this year, then I'll hedge that rather than the portfolio.
 
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