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The misconception that one invests in a regional ETF or rather "market" and profits from the growing GDP there is widespread. Who wins? Western capital providers and thus the industrialized countries of the leading companies.
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@Hannes_SK That. Even in Indonesia people buy iPhones and drink Coca Cola. The only exception in my eyes: China. There it makes sense to invest via ETF or similar, because many companies (Meta, Google, Amazon,...) have nothing to report there.
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@Mister_ultra That may also be true for information technology. Nevertheless, China has become the most important market for Western companies. Case in point: energy-intensive, luxury goods, automobiles, ...
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@Hannes_SK absolutely. Nevertheless, I think a China ETF makes sense as an admixture to close this China tech gap (if you want to, you don't have to cover everything in the whole world).
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@Mister_ultra good morning do you have some WKN for me?
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@Smudeo I invest part of my monthly savings in the Invesco MSCI China All-Shares Connect $MCHS which covers the entire China spectrum, i.e. stocks listed on NASDAQ, in Hong Kong and the A shares on the mainland which can only be bought via ETFs. So I don't need 3 different ETFs to cover everything, but I would actually prefer it if this ETF was available as a distributing one. With China there is always a risk, if there should be a sausage case situation like with Russia, not everything would be gone, because the distributions prevent a total loss. Since there is this ETF but only thesaurirend I stay for now. If something should change, however, I would actually reallocate (which is anyway in the loss, so there are also no taxes on profits 😂).
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