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Post by mattm on May 22, 2023 17:47:09 GMT
I currently hold FXAIX (FIDO) and PRILX (Parnassus), taxable and ROTH, respectively.
I am looking to compliment each of them with another fund (Mutual or ETF). I currently also have a small position in TDVG (PRDGX-TRP) but not sure if it's the best complimentary LCB option.
I am having a little difficulty narrowing down an ETF or Mutual fund; a consideration is JQUA (JPMorgan Quality Factor). One issue I am coming across is tax efficiency; most of my DD is leading me to higher than desired Tax Cost Ratio Mutual funds and some ETF's with .7 - .8 TCR.
Not that .7 - .8 is terrible, but if I am to invest in an ETF, I would prefer a more tax efficient one, if possible. Maybe it's not viable for this category?
EDIT: Just came across a 1-year old ETF from Capital Group CGUS (combining Growth and Income....can serve as a compliment to the S&P 500....). Any thoughts on this?
I'm looking to invest about 10% in this "complimentary" MF and/or ETF
Any suggestions, constructive criticisms, thoughts or idea's are very welcome!
Thank you in advance!
Matt
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Post by anitya on May 23, 2023 2:16:04 GMT
Capital Group equity ETFs are active ETFs and they have limited history (2022 inception?). I would check their OEF equivalent to CGUS, which should have a very long history and tell you the potential (or worse case) tax efficiency of CGUS. I think the same portfolio team runs both the ETF and OEF. Please post what you find out.
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Post by mattm on May 23, 2023 13:35:10 GMT
Anitya, thank you for your suggestion! I tried to find the corresponding MF but could not. Can you tell me or point me to where they are? I did not find anything on their website, in fact, if i read thing correctly, i believe they said there are no equivalent MF's.
Thank you for anything you can provide!
Matt
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Post by chang on May 23, 2023 14:58:44 GMT
I currently hold FXAIX (FIDO) and PRILX (Parnassus), taxable and ROTH, respectively. I am looking to compliment each of them with another fund (Mutual or ETF). I currently also have a small position in TDVG (PRDGX-TRP) but not sure if it's the best complimentary LCB option. I am having a little difficulty narrowing down an ETF or Mutual fund; a consideration is JQUA (JPMorgan Quality Factor). One issue I am coming across is tax efficiency; most of my DD is leading me to higher than desired Tax Cost Ratio Mutual funds and some ETF's with .7 - .8 TCR. Not that .7 - .8 is terrible, but if I am to invest in an ETF, I would prefer a more tax efficient one, if possible. Maybe it's not viable for this category? EDIT: Just came across a 1-year old ETF from Capital Group CGUS (combining Growth and Income....can serve as a compliment to the S&P 500....). Any thoughts on this? I'm looking to invest about 10% in this "complimentary" MF and/or ETF Any suggestions, constructive criticisms, thoughts or idea's are very welcome! Thank you in advance! Matt I assume you want to keep passive in taxable; active in tax-deferred (smart!). Both of your fund are US large cap and blend/growth tilted. Hence, maybe consider something (a) with foreign exposure, (b) mid/all cap, (c) value-blend. I cured myself of shopping, hopping, and popping funds a few years ago, so I really don't know what's what and who's who any more. On the active side, I would suggest looking at Grandeur Peak, but they will be growthy too. Maybe also Artisan, But beware both houses' funds tend to be pricey. On the passive side, there's a gazillion ETFs I don't know about. DFA has some newish ETFs that I looked at awhile ago, and thought might be interesting. I own SCHD and SCHY, and consider them keepers forever. |
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Post by mattm on May 23, 2023 16:44:51 GMT
Chang, your assumption is correct, thank you for the vote of confidence and your points are well-taken!
What i did not mention in my Original Post was that I currently also own SCHD (not a huge percent; there is room to expand) and also consider it a LONG-TERM hold. But i am also looking into another Capital Group ETF "CGDV", Dividend Value. I'm not sure whether that would be a replacement for SCHD or the LCB "complimentary" vehicle I'm looking for.
I will also look into SCHY (Schwab international dividend equity). That may fill a gap!
As you stated, there are so many options these days, it can be overwhelming for a relative novice like myself. That's why I try to tap into people like yourself and others, that are far better versed and knowledgeable that I.
Any further thoughts, suggestions, ideas are always welcome, and please let me know what you think about my additional comments!
Matt
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