@nafis4268 Assuming they follow the same index. It's not really cheaper. It's more of the same. It just means the slice of the pie is cheaper but also smaller.
It's like if a pie is cut in 10 instead of 5
But. Slice is 1$ instead of 2$
They have be about a 2x difference in price.
But if the stock market goes up 5% both will grow 5%(minus tracking errors)
@finchescare3marky The price does not matter return will be the same, across funds following the same index (+- some error margin).
Everything underneath is in % so
2% of the portfolio in Apple shares is still 2% even if you only invest 10$ or 10 million$ of course the total amount of shares will be different but the returns in % should be the same
@saramae I felt like you were making a point for Emaxis being better but re-reading your comments make it seems like the opposite now..
I've decided to go with the Rakuten S&P500, Rakuten All country and Rakuten NASDAQ100. If I can't fill up my NISA next year (lack of funds), I may even sell my Emaxis and buy the Rakuten's.
@finchescare3marky Both are relatively equal, you can check on the fund page they usually show the Tracking error, the lower the better it follows the index. Ideally you want it to stay close to the index.
@finchescare3marky Btw since new NISA I myself also chose Rakuten All country because of the very low fee (via point cashback to simply holding it). Until now I was only in emaxis
@nafis4268 Price per share is irrelevant. It’s how it mimics the actual index is what matters. IMO, I’d go with the tried and tested eMaxis. Some funds claim to follow certain index but over a few year period, it starts to deviate and doesn’t have the return it should.
@relocksmith I see… is this happened often? I thought company like Nomura’ size won’t do that. And another thing I am curious is, if eMAXIS is so successful now, why Nomura build a new fund to compete with it?
@nafis4268 It seems there’s a rush to start a new low cost fund. Nomura is probably just trying to get a piece of the pie, since the new nisa is going to bring in a lot of new investors. Some funds do well, some don’t, regardless of the management company. I went with eMaxis S&P, Nissei Nikkei225, and iFreeNext India.