2Yr·

If luxury stocks are a good inflation hedge then why is no one buying them?


How do you see it?


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12 Comments

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No money because of inflation 🤷
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I would have thought of luxury stocks eigl rather LVMH, Hermes, Kering, Hugo Boss... but in the ETF are almost only tech stocks🤔
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@TimUppi and shell 🙈
@TheRealRapha 😅 Although with the new Applewatch prices we are really already in the luxury watch area😂.
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@TimUppi I think they are entered incorrectly at GQ. According to Amundi it looks like this: RICHEMONT 8.25% LVMH MOET 8.18% TESLA 6.66% HERMES 6.35% ESTEE LAUDER 5.92% KERING 5.27% MERCEDES-BENZ 4.93% DIAGEO 3.96% PERNOD RICARD 3.90% NIKE 3.84%
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@Kundenservice
This post is now a year old but the composition of the ETF is still wrong. Who is this supposed to help make decisions please?
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@Jan_Drosch Synthetically replicating is the magic word. :) https://www.amundietf.de/de/professionell/products/equity/amundi-sp-global-luxury-ucits-etf-eur-c/lu1681048630 Look here: You have the index components and once the top 10 components. We map here the shares that are in reality, which is why both composition, as well as things like geography and Co differs from the index, because the ETF does not buy the index. If you want a composition like the index, you have to buy a physically replicating ETF.
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No desire for withholding tax and sector ETFs 😅
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Why should luxury stocks offer a better inflation hedge than others?
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@MariusLeonhard because the rich don't care about the price, but they need the brands to impress their friends who are also rich. The rich also don't run out of money like the normal people ... That's why luxury goods manufacturers have price-setting power 😉
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Got LVMH, that's enough for me
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Everyone buys them, especially LVMH good safe haven in the portfolio. They simply raise prices and buy anyway.
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