Gyroscopic Investing

Vil wrote: ↑Tue Jan 03, 2023 2:35 am Happy new year and bon voyage with your PP. I wish I've started my PP now... but it is what it is.. we're just playing the cards we're dealt...

Grinch wrote: ↑Mon Jan 02, 2023 10:08 am Hello,

New Year, new Plan.
I start a PP as a German.

25% ETFL50 MSCI World
25% ETFL21 Germany Bund 10+
25% A0S9GB Xetra Gold
25% Cash

Monthly for 1.000 €

This Thread is for Tracking the succsess

Grinch wrote: ↑Mon Dec 18, 2023 3:43 am The year isn't quite over yet. I am quite happy with the result for 2023. Even the long-term bonds still deliver a conciliatory result at the end of the year. Overall I have a performance of +3.88% and an interest rate of 7.80%
At the end of the year, some interest from the daily money will be added. The bandwidths for rebalancing have not been touched, so things can continue into the new year.

Grinch wrote: ↑Sat Dec 21, 2024 5:53 am The year isn't quite over yet. I am very quite happy with the result for 2024.

In 2024 I have a performance of +13.94% and an interest rate of 14.04%

The Overall Performance is: 18.97% and the interest rate is 12.54%

The bandwidths for rebalancing have not been touched, so things can continue into the new year.

The Allocation is actual:
27.03% Stocks
22.09% long Bond
27.98% Gold
22.90% Cash

Grinch wrote: ↑Thu Jan 09, 2025 9:51 am The same procedure as last year Miss Sophie
https://www.ardmediathek.de/video/dinne ... zEtMTUtNTA

ELFW For MSCI World
EL4V For Bund 10+
4GLD for Gold

Grinch wrote: ↑Thu Jan 09, 2025 9:51 am The same procedure as last year Miss Sophie
https://www.ardmediathek.de/video/dinne ... zEtMTUtNTA

ELFW For MSCI World
EL4V For Bund 10+
4GLD for Gold

frugal wrote: ↑
My Answers in red
Quick question though — could you share more details on the cost structure of your new funds? Specifically:

What are the annual fees and transaction costs?
I Pay 0.2% each year for the Account Value

1. Vanguard Global Stock Index Fund – EUR Acc (VANGEIS)
https://www.de.vanguard/professionell/a ... nd-eur-acc

I assume you’re referring to the Vanguard Global Stock Index Fund EUR Accumulating, not traded on an exchange.
• Ongoing charges (TER): approx. 0.18% yes
• Buy/Sell fees:No fee for buying or selling
• Direct via platforms like Vanguard or institutional accounts: often 0% entry and exit fees
• Via banks or retail brokers: may apply subscription/redemption fees, usually in the range of 0.25%–1%
it is an Bank Account called Sparkasse
• Settlement time: 1–2 days, and not as liquid as ETFs
That is correct, I don't need quick bookings, buying through Vanguard is enough for me

2. Vanguard Euro Government Bond Index Fund – 20+ Years – EUR Acc (VGYETII)
The Fund is 20+ Year Euro Treasury Index Fund - Euro Shares (VGYETII)
For me, it is important, that the Rating of all Countrys are aa or aaa, so you may miss some countrys of Europe in this fund
https://www.de.vanguard/professionell/a ... nd-eur-acc

• Ongoing charges (TER): approx. 0.10%
• Buy/Sell fees: No fee for buying or selling
• Same model — may be free with some platforms, but can incur distribution costs or custody fees depending on your broker
• Spreads may be wider and execution slower than exchange-traded funds

If there is any Spread, Vanguard gives you no Data. I buy the funds at net asset value
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Tax considerations (Germany-specific):

Since these are non-ETF index funds, be aware of the following:
• If they qualify as UCITS and meet requirements, you may still benefit from the Teilfreistellung (30% tax-free portion on equity funds, 15% for mixed funds, etc.)
• However, if your broker doesn’t handle tax reporting automatically, you may have to declare gains manually and track the Vorabpauschale (preemptive tax on unrealized gains, introduced in 2018)
• Also, settlement is often T+2 or T+3, unlike real-time ETF trading

There is no different between ETF or Index Fund, they are Irish UCITS⸻

Questions for you:
• Which platform/broker are you using to access these Vanguard funds?
• Did they charge you any entry or exit fees on the switch?
• Does your platform automatically handle German investment tax law (esp. Vorabpauschale and Teilfreistellung)?
• Was liquidity or pricing transparency a concern in the switch?

See my Answers between the Text
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Would be great to hear your experience so far, especially regarding the execution experience and costs of using these non-listed funds vs ETFs.

Cheers!