I have just decided to start investing in ESGI instead of VEU & VTS for my international allocation going forward.
To clarify - I am not going to sell any VEU & VTS because that would be extremely tax inefficient, but what I want to do instead is invest any new funds in my international allocation into ESGI.
Previously my target portfolio was 20% VEU & 20% VTS, so now I want it to be 40% ESGI, but to count my VEU & VTS assets towards my target allocation for ESGI.
Alternatively, perhaps it would be possible to go one level up & have an "International" target & an "Australia" target, and then assign individual securities under that?
Personally, I've currently got "Australian", "Australian Geared", "International" and "International Geared" targets, which all my assets fall into & represent my broader FI strategy.