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I wonder if this thread might be a good place to continue the discussion.
At a quick glance, perhaps not; I wonder if Iikka has better information? 
@Iikka_Numminen
In any case, when I listened to that inderesTV discussion, quite a few picks were mentioned, and I got the impression that at least a significant portion of the fund’s holdings was disclosed. It was also mentioned that all investments are initially equal-weighted, letting the market handle the weighting.
I’m not currently considering investing in this fund myself, but it was interesting to hear what has been selected for the portfolio and on what grounds, and generally to hear a professional’s thoughts on stock picking when aiming for long-term growth, especially regarding electrification, the European defense industry, and digitalization. (Personally, my interest in Mercado Libre and Alphabet as investment targets increased a bit more, and the Theon pick was pleasing in the spirit of confirmation bias.)
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It probably can’t be seen officially anywhere yet; it will be in the monthly reports etc. in due course.
Gemini provided this list based on that video.
Based on the video, portfolio manager Pasi Havia mentions the following companies that belong to the new UB Megatrendit fund’s portfolio. The fund is divided into four themes, and the companies are listed accordingly:
AI and Digitalization (60% weight)
- Nvidia: GPU manufacturer whose products are in high demand.
- Palantir: Software company that utilizes AI and has a strong customer base in both the public and private sectors.
- Micron Technology: Memory chip manufacturer that benefits from the memory shortage caused by AI investments.
- Alphabet (Google): Alongside its advertising business, the company has Gemini AI and investments in quantum computing.
- Amazon: The world’s largest company by revenue, with a significant cloud service business (AWS).
- Mercado Libre: “The Amazon of Latin America,” with a strong e-commerce and fintech business.
- Shopify: E-commerce platform believed to benefit from the emergence of AI agents in shopping.
- Spotify: Streaming service that utilizes AI in its recommendations and playlists.
- TSMC: Semiconductor manufacturer (mentioned as the “shovels and hammers” of AI infrastructure).
- AMD: Semiconductor company (mentioned as part of the AI theme).
- ASML: Equipment manufacturer for the semiconductor industry.
Electrification and Energy Transition (20% weight)
- Constellation Energy: The largest private nuclear power producer in the United States.
- Quanta Services: Energy infrastructure builder that installs cables, among other things.
- GE Vernova: Manufactures gas and wind turbines, among other products.
- Vertiv: Company providing cooling solutions and power management systems for data centers.
Defense and Security (10% weight)
- TKMS (ThyssenKrupp Marine Systems): German company manufacturing submarines and warships.
- Theon International: European company that manufactures night vision devices, among other products.
Aging Population (10% weight)
- Eli Lilly: Pharmaceutical company specialized in obesity and Alzheimer’s drugs, among others.
- Intuitive Surgical: Manufactures Da Vinci surgical robots.
Note: For comparison or other reasons, the video also mentions companies such as Fortum, Microsoft, Rheinmetall, Novo Nordisk, Tesla, Apple, Walmart, Nokia, Kone, Wärtsilä, Sampo, Nordea, and CRISPR Therapeutics, but based on the portfolio manager’s statements, these do not belong to the fund’s investment holdings.
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Great! @CitizenJ summarizes the fund’s overall contents very well there. I think all the companies were equally weighted in the fund.
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Hello fellow investors!
Let me know your thoughts on this diversification—does it make any sense if I invest a total of €500 into these every month? For example, do the Europe 600 and SPDR overlap too much?
How would you split that €500 between these three funds?
I greatly APPRECIATE everyone who comments with their thoughts and reflects on this diversification with me
SPYI alone would be enough. Anything else is just overweighting a certain region rather than increasing diversification.
That also wouldn’t work with that savings amount, since LYP6 costs almost €300 per share.
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Ok thanks! What do you think about that emerging markets ETF?
IS3N is a good product for that purpose, but SPYI already includes emerging markets at a neutral market weight. You don’t need a separate ETF for emerging markets unless you want to consciously overweight them.
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In my opinion, SPDR is the most important. It has the most stocks and the broadest diversification. Of course, if you are betting against America, then the other two would work in that case. But as an example, Warren Buffett has said “Never bet against America,” and that is what you are doing with those two. Personally, I think all three are perfectly fine options if you want to slightly overweight those specific markets. America does face many concerns, such as potential war, indebtedness, and high stock market valuations. In my view, the overlap is minimal, and I don’t see it as a problem. I understand investing in Europe and Emerging Markets from a valuation perspective.
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I received a reply from Blackrock regarding the I500 costs. The costs haven’t changed, but they are including the SWAP fee in the KIID.
Thank you so much for your email and for expressing interest in our products. We appreciate your patience and apologize for the delay in getting back to you.
Thank you for feedback, we appreciate this might be misleading.
As you correctly state, the TER on the Website is a different from the ongoing charges the KIID displays (but the same as the TER reported in the Factsheet). This is due to it being calculated differently. The TER is a measure of the total costs associated with managing and operating the product. The Total Expense Ratio (TER) consists primarily of the management fee and other expenses such as trustee, custody, registration fees and other operating expenses.
Meanwhile, the KIID currently reflects the ongoing charge, which is calculated as the TER + WASS (Weighted Average Swap Spread), 0.10% (rounded to 2dp). However, to avoid any confusion in the future, the plan is to align the website and KID.
If you have any further questions or need additional details, please feel free to let us know.
Thanks again for reaching out.
Best Regards,
BlackRock Nordic Support Team
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Post merged into thread: Inderes Coffee Room (Part 11)
I managed to get the prices of a couple of ETFs (SXR8 and EXUS) tracked via googlefinance, but IS3N didn’t prove to be as cooperative. Has anyone found the correct ticker for this one to get real-time prices for a Google Sheets tracking spreadsheet?
For some reason, it’s still not working and keeps giving an error. I don’t know if it’s user error or something else
Edit: The tip mentioned below worked perfectly. Great!
=GOOGLEFINANCE("AMS:EMIM")
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There is some good discussion here (towards the end). You might need a script first.
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Use a ticker from another exchange, e.g.:
=GOOGLEFINANCE("AMS:EMIM")
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Stock markets have been in a sharp decline this week due to the military actions that broke out in the Middle East.
European stock indices, in particular, have fallen sharply.
However, right now it might not be wise to make any hasty decisions.
The European STOXX 600 index has only just declined to near its 50-day moving average.
Over the past year, we have often seen the index bounce back into an uptrend from exactly this kind of level.
If the stock market decline continues in the coming weeks and the STOXX 600 index drops below 600 points, it will begin to point toward a real trend reversal to the downside.
So far, however, the index’s movements only resemble a “dip” in a still-ongoing uptrend.
Have a nice Friday!
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Amundi Prime All Country World UCITS ETF Acc (WEBN) made an unusual rapid rise of about 0.8-0.9 percentage points at the end of the day today, Friday, which I don’t see in other similar (or nearly similar) All Country World ETFs. What could be the cause of that? Has someone actually paid a significant overprice, and if so, why?
Understanding this unusual movement is of interest also because I have been considering this ETF for my own portfolio.
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What do you guys think about this ETF: Global Targeted Value UCITS ETF USD Acc (DEGT)? Is it a good competitor to Avantis’s AVWS?
It looks like about 20,000 shares worth of volume was recorded in the closing auction at 18:35. I don’t know the reason, maybe it was a mistake. These don’t really matter for a long-term investor, as it will level out on the next trading day.
However, SPYY seems to perform better in a TD (Tracking Difference) comparison.
https://community.rationalreminder.ca/t/comparing-index-replicating-ucits-etfs/39848?u=citizenj
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