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Very nice contribution, thank you. What do you think of the S&P 500 as opposed to the Nasdaq as an engine?
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@pinguin- It's similar to the L&G. It doesn't outperform the World by that much either. In addition, the number of overlaps between S&P and MSCI World seems to me to be somewhat higher. Personally, I would consider the S&P as an alternative to the MSCI World. For example, I had also considered combining the two and thus pulling up certain companies that are weighted higher in the S&P than in the World, but that's really small...