What are your thoughts on constructing something like a three-fund portfolio using index funds that are readily available in Hong Kong?
I was thinking of having one index fund specifically for US stocks because these make up around 50% of the total equities market. A second index fund would cover world stocks and a third index fund for bonds.
Looking on the list of available ETFs on the HK Exchange website, I have come up with these for consideration:
1) Vanguard S&P 500 Index ETF (stock code 3140, expense ratio=0.25%pa)
2) db x-trackers MSCI World Index UCITS ETF (stock code 3019, expense ratio=0.45%pa)
3) ABF Pan Asia Bond Index Fund (stock code 2821, expense ratio=0.25%pa)
Any other ideas for a three-fund portfolio set-up from anyone?