Significant sale event happened today due to our ongoing efforts to restructure and simplify our portfolios. This time round, we are selling most of the overlapping Foreign Equity and Bond ETFs and getting rid of our exposure to GBP and EUR. Which means that going forward, we will only be purchasing 2 Foreign Equity ETFs – Vanguard FTSE All-World UCITS ETF (VWRD on LSE) and Vanguard FTSE All-World High Dividend Yield UCITS ETF (VHYD on LSE). The holdings of these 2 Foreign Equity ETFs still overlap quite a bit but my wife is purchasing the former while I’m buying the latter in our respective portfolios. And our only foreign currency exposure is to the USD. Clean, neat and easy to track & monitor the growth progress.
These are the Foreign Equity and Bond ETFs we sold today:
- Vanguard S&P 500 ETF (VUSD on LSE)
- Vanguard FTSE Developed Europe UCITS ETF (VEUR on LSE)
- Vanguard FTSE 100 UCITS ETF (VUKE on LSE)
- Vanguard FTSE Emerging Markets UCITS ETF (VDEM on LSE)
- Vanguard FTSE Japan UCITS ETF (VDJP on LSE)
- Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF (VDPX on LSE)
- Vanguard UK Government Bond UCITS ETF (VGOV on LSE)
- Vanguard EUR Eurozone Government Bond UCITS ETF (VETY on LSE)
- Vanguard USD Treasury Bond UCITS ETF (VDTY on LSE)
Sale proceeds after transaction costs: S$22,848
Realised profit/(loss) excluding dividends collected: S$914 or 4%
Realised profit/(loss) including dividends collected: S$1,371 or 6%
Results are not great due to the foreign currency losses incurred from the GBP Foreign Equity and Bond ETFs due to the impact of Brexit. Let’s hope the more streamlined approach to our ETF investing will yield a better outcome going forward!