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It matters, because the US retirement funds (401k, IRA) can't invest into some other country's ETFs, correct me if I'm wrong.
by olegkikin 10y ago
It matters, because the US retirement funds (401k, IRA) can't invest into some other country's ETFs, correct me if I'm wrong.
- bbcbasic 10y agoAustralia would be a good place though. Compulsory superannuation
- fennecfoxen 10y agoThis would be news to me. US 401k / IRA accounts can, and do, buy stocks in a variety of markets, whether directly or through instruments such as NYSEARCA:VEU (also available as the mutual funds VFWAX and VFWIX.) I'm not aware of any special reason why foreign-traded ETFs would get special treatment that foreign-traded stocks don't?