MSCI World Switch -

I am currently toying with the idea of switching the MSCI World from $IWRD (-0,39 %) to $HMWO (-0,41 %) change. The reasons are simple at first:

• Lower TER = 0.5% vs 0.15%
• Higher dividend yield

As the ETF is the basis of my portfolio, I want to hold it for the long term.

Now to my concerns. Back and forth is known to empty your pockets. As I am registered in Switzerland as a non-resident taxpayer with DKB, I would not have to pay tax on the capital gains to date. So much for the theory, but there is still some doubt. It would be a shame if I had to pay tax on my previous capital gains, as the tax expenditure would eat up the exchange gains on the MSCI World for years to come.

Please give me your feedback: stay with the tried and tested or make the switch?

Have a nice Sunday