IOZ - iShares CORE S&P/ASX 200 ETF

[frugal.rock]

You simply don't get it which isn't surprising.

Ponder this. The Oct2021 distribution for VAS was $1.41. The Oct2022 distribution for VAS was $1.45. That is a 3.6% increase.

With me so far?

So how did my income increase by 10.6% in respect of those two distributions where there were no:

• sales involved;
• following of trends;
• charting or other arcane issues
• concerns whether or not the ETF was attractive?

Apologies to others for thread derailment.

I'm interested in this.
How did your income increase by 10.6% from scenario mentioned?

I'm hoping this is a "power of compounds" exercise. Consider me young and naive, instead of old and naive. ?

 

[divs4ever]

Bogle actually hated ETFs as he viewed them as encouraging trading which he viewed as a losers game. He did soften somewhat by saying nothing wrong with broad based ETFs as long as you don't trade them.

As I have said in other threads, I have held an ETF (STW) since 2002, which, for some crazy reason I cannot remember, I swapped for VAS when it listed and later added VGS when it came along. Have done nothing but add since then - no DRPs.

' broad-based ' + DRP participation ( especially if the ETF also pays franking credits ) , can be a useful path

VAS in preference to STW ( and other top 200 ETFs ) was a straight potential growth decision for me ( the lower 100 stocks are more likely to have out-sized capital growth to offset the slight rise in risk

(and in 2011 with a 10 year target i needed to force capital growth CAREFULLY , and well as build div. income ) so VAS had a more acceptable answer to my problem ( back then )

VGS ?? i was particularly cautious to international exposure ( now i prefer to be very selective with my international exposure )

 

[qldfrog]

I'm interested in this.
How did your income increase by 10.6% from scenario mentioned?

I'm hoping this is a "power of compounds" exercise. Consider me young and naive, instead of old and naive. ?

FR you said no sale but not no buy
Just buy more packets but that is probably not the answer you are looking for?

 

[divs4ever]

I'm interested in this.
How did your income increase by 10.6% from scenario mentioned?

I'm hoping this is a "power of compounds" exercise. Consider me young and naive, instead of old and naive. ?

i am GUESSING but i think a 3 cents rise ( by 4 times a year , as VAS pays 3 monthly ) plus franking credits ( NOT a 3 cent rise on the div. every quarter ie. $1.41 , $1.44, $1.47 ,and $1.50 ) must get close

 

[divs4ever]

FR you said no sale but not no buy
Just buy more packets but that is probably not the answer you are looking for?

compounding ( via the DRP ) works very nicely for me in some places , but not everywhere

 

[Belli]

I'm interested in this.
How did your income increase by 10.6% from scenario mentioned?

I'm hoping this is a "power of compounds" exercise. Consider me young and naive, instead of old and naive. ?

You are correct. No proprietary method or secret sauce. Just buying as much as I can when I can irrespective of price or angst and general hand wringing.

 

[Sean K]

It's getting harder to think there's another leg down here. New highs and lows and through pre-Covid high.

 

[Sean K]

I think a lot of us have been pretty bearish on the first half of this year but it's not going down...

Plenty of time for a crash still I suppose.

 

[Sean K]

Patiently waiting for another pull back to the support zone to add some more. Maybe it won't go back to the bottom of the channel or the general support zone and push on. With the World about to explode in 2030 maybe it doesn't matter.

 

[KevinBB]

With the World about to explode in 2030 maybe it doesn't matter.

You certainly have a crystal ball that sees much further into the future than my crystal ball.
KH

 

[Belli]

You certainly have a crystal ball that sees much further into the future than my crystal ball.
KH

@KevinBB you may not be aware of this but Blackrock is to reduce its MER on a number of products, including IOZ, from 0.09% to 0.05% effective 20 February.

The relevant PDS was published on the ASX yesterday.

https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02633163

 

[KevinBB]

@Belli Thanks, I don't get much time to read things now-a-days, so missed that announcement.
KH

 

[Sean K]

It's coming back to that support zone, which is nice but might seem counter-intuitive for some. Having been sitting on 40% ish cash for some time, which has been losing real value, it's a very good thing for me. Breaking down to the $26 ish level and the bottom of the long term channel might be even better.

 

[Sean K]

Been chipping away at IOZ the past few months. Putting my super into what is effectively ... super. My nieces and nephew might get a nice return in about 30 years when my time runs out.

But as the ASX 200 fell again on Monday amid rising geopolitical tensions – it has now dropped 3.4 per cent since last Wednesday’s close – this column cannot resist noting the benchmark index now sits at essentially the same level it was at the start of November 2007.

This simplistic measure doesn’t include dividends, of course, and ignores the fact that over 10 years and 20 years investors are sitting on gains of 109 per cent and 27 per cent. But amid all these nasty GFC flashbacks, the Australian market’s performance in the past 16 years is a reminder that local investors have basically seen a long leap sideways since the eve of the Great Recession.

Of course, there’s not much to lift sentiment right now, as local traders wake up each morning to a toxic cocktail from Wall Street.

 

[divs4ever]

Been chipping away at IOZ the past few months. Putting my super into what is effectively ... super. My nieces and nephew might get a nice return in about 30 years when my time runs out.


View attachment 164680

But as the ASX 200 fell again on Monday amid rising geopolitical tensions – it has now dropped 3.4 per cent since last Wednesday’s close – this column cannot resist noting the benchmark index now sits at essentially the same level it was at the start of November 2007.

This simplistic measure doesn’t include dividends, of course, and ignores the fact that over 10 years and 20 years investors are sitting on gains of 109 per cent and 27 per cent. But amid all these nasty GFC flashbacks, the Australian market’s performance in the past 16 years is a reminder that local investors have basically seen a long leap sideways since the eve of the Great Recession.

Of course, there’s not much to lift sentiment right now, as local traders wake up each morning to a toxic cocktail from Wall Street.

is GEAR a more attractive option for you ( now the market is near 12 month lows , sure the fees are higher , but the franking credits ( for GEAR ) might be a silver lining

i do not hold GEAR , but am watching and thinking ( from memory it only pays twice a year , not so attractive if intending to DRP )

PS i am not saying swap one for another but side-by-side as GEAR will be a lumpy payer

 

[Sean K]

is GEAR a more attractive option for you ( now the market is near 12 month lows , sure the fees are higher , but the franking credits ( for GEAR ) might be a silver lining

i do not hold GEAR , but am watching and thinking ( from memory it only pays twice a year , not so attractive if intending to DRP )

PS i am not saying swap one for another but side-by-side as GEAR will be a lumpy payer

Thanks Divs, will look into it. Haven't looked at GEAR in detail before. I'm viewing this medium term down turn as a long term opportunity for the grandchildren of the kids I never had.

 

[Sean K]

Been a good run for this muppet the last couple of months. Has been an OK tactic to be adding to this on dips with a 5-10 year horizon for cashing in and buying a much faster car.

Maybe bad timing to choose this as one of my 2024 picks as it's a slow moving beast and approaching ATHs. Might have been a good pick around $27. Hmmm

 

[Belli]

Would seem to be a much of a muchness on which one you pick.

 

[divs4ever]

Would seem to be a much of a muchness on which one you pick.

View attachment 167467

yes it was only a tiny difference that made me select VAS over the rivals in 2011 , and in theory they ( mostly ) track the same index so the results should be very similar , but note there are moments of opportunity between them ( where one dips/rises more than the rivals )

 

[rcw1]

Good evening
20 month high today (27/12/23:

EDIT: not holding.

Kind regards
rcw1