European ETF Alternatives

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gospodin_i
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European ETF Alternatives

Post by gospodin_i » Wed Oct 24, 2018 2:11 am

I'm based in the EU, been running a US-based (USD) PP for about 6 months spread in ETFs.

I am now looking at diversifying further by buying specific sector/industry-tracking ETFs (such as VGT, FINX, etc.)

However, due to a recent change in regulation, I cannot trade most of the ETFs I'm interested in. Spoke to my broker and they said I can keep my open positions indefinitely, but I'd have to find alternative ETFs, based in Europe, that fulfill the regulation criteria and can be traded by European investors.

I suspect some of the people who participate in this forum have had to deal with the same challenge, so I'm wondering if there's an easy way to look for and find such alternatives?
boglerdude
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Re: European ETF Alternatives

Post by boglerdude » Thu Oct 25, 2018 12:24 am

Why are these regulations in place
gospodin_i
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Re: European ETF Alternatives

Post by gospodin_i » Thu Oct 25, 2018 2:01 am

Consumer protection supposedly, but it might also be a veiled attempt to prop the European ETF scene:

https://www.bloomberg.com/news/articles ... -an-option
LazyInvestor
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Re: European ETF Alternatives

Post by LazyInvestor » Thu Oct 25, 2018 3:00 pm

I'd guess these are broker restrictions. Open an account with another and it should work. Be aware of estate taxes since you are buying US-domiciled ETFs.
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Tyler
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Re: European ETF Alternatives

Post by Tyler » Thu Oct 25, 2018 8:04 pm

gospodin_i wrote:
Wed Oct 24, 2018 2:11 am
I suspect some of the people who participate in this forum have had to deal with the same challenge, so I'm wondering if there's an easy way to look for and find such alternatives?
Try this: https://portfoliocharts.com/portfolio/index-funds/

It has a decent collection of ETFs listed on UK and German exchanges.

Also, Justetf.com is a great resource for European investors.
gospodin_i
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Re: European ETF Alternatives

Post by gospodin_i » Mon Oct 29, 2018 10:16 am

LazyInvestor wrote:
Thu Oct 25, 2018 3:00 pm
I'd guess these are broker restrictions. Open an account with another and it should work. Be aware of estate taxes since you are buying US-domiciled ETFs.
Unfortunately, not broker restrictions, but just a decision by US fund managers not to comply (at least for now) with EU regulation. It seems things might change at some point in the next year though...
gospodin_i
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Re: European ETF Alternatives

Post by gospodin_i » Mon Oct 29, 2018 10:36 am

Tyler wrote:
Thu Oct 25, 2018 8:04 pm

Try this: https://portfoliocharts.com/portfolio/index-funds/

It has a decent collection of ETFs listed on UK and German exchanges.

Also, Justetf.com is a great resource for European investors.
Thanks, those are super helpful!
LazyInvestor
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Re: European ETF Alternatives

Post by LazyInvestor » Mon Oct 29, 2018 1:33 pm

gospodin_i wrote:
Mon Oct 29, 2018 10:16 am
LazyInvestor wrote:
Thu Oct 25, 2018 3:00 pm
I'd guess these are broker restrictions. Open an account with another and it should work. Be aware of estate taxes since you are buying US-domiciled ETFs.
Unfortunately, not broker restrictions, but just a decision by US fund managers not to comply (at least for now) with EU regulation. It seems things might change at some point in the next year though...
Which broker are you using?
boglerdude
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Re: European ETF Alternatives

Post by boglerdude » Mon Oct 29, 2018 11:25 pm

And whats the intent of the regulations
Bjorgen
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Re: European ETF Alternatives

Post by Bjorgen » Sun Nov 04, 2018 1:29 pm

Check out these options:
http://www.carterapermanente.es/cartera ... -con-etfs/

My PP:
ZPRE
4GLD
EL4V
EXVM
Thomas Hoog
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Re: European ETF Alternatives

Post by Thomas Hoog » Thu Mar 07, 2019 3:49 am

boglerdude wrote:
Mon Oct 29, 2018 11:25 pm
And whats the intent of the regulations
To protect the customer. The products of the EFT provider should be in the language of the buyer of the EFT. So if you live in Norway the EFT product information should be in Norwegian. I doubt if Vanguard knows where Norway is. So it is stupid antique regulation. English should be sufficiënt.
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