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•@TheGuardian Thanks! I hope you don't mind me asking why you're not so big on financials?
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@portfolio_manager_410 what is the moat for $UCG? Inflation, interest rates, bonds, uncertainty in government makes financial and specific banks a speculative investment than strategy
I would avoid MSCI India for the same reason - because it is overweighted by financial sectors
I would avoid MSCI India for the same reason - because it is overweighted by financial sectors
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@portfolio_manager_410 also $IUIT is good to build
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•@TheGuardian I see where you're coming from on the bank stocks and yeah I agree partially, I might stay off of it for now or just consider it as the speculative portion of my portfolio since I'm planning to put in so little into it.
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@TheGuardian For MSCI India, I mainly added it due to the strong performance of the market as a whole, beating many developed markets in terms of consistency over past quarters, as well as India being such a major exporter of raw materials to neighbouring countries, which the fund also has holdings in. I see your point with the weight of the financial companies though.
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@TheGuardian Also in the case of building the $IUIT I would most likely stay away from the individual tech companies I mentioned considering positions in, unless overweighting those is not too risk forward,
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