Monday, 29 June 2015

3101.HK purchased

After a long while away from investing, the problems in Greece seem to be presenting some potential buying opportunities.

This triggered some research to see if there are any new ETFs on the market that fit my portfolio aims of a decent yield and broad diversification.  I was pleased to find Vanguard have expanded their range of low cost ETFs listed in HK. Whilst i wasn't trying to catch a falling knife just yet, i couldn't resist a small purchase of 3101.HK, a HK listed Europe ETF.  The costs are lower than the UK listed ETF i had been using for Europe exposure, and it should yield well over 3%.

The purchase pre-dates the recent increasing severity of the Greece situation so this may start somewhat underwater, but the size was very small and i'll keep an eye on the market and look for opportunities to add to either this or other positions.

Purchase price: HKD18.58

No comments:

Post a Comment