I decided to sell the two ETFs that I hold: SEDY.L and ISJP.L. Not because I think they're bad things to hold, but:
- Shares/ETFs listed outside the EEA are not as tax-efficient for me, since I can't hold them in an aksjesparekonto.
- Aviva are cancelling their preference shares and this felt like a good time to rationalise my non-aksjesparekonto holdings (no real logic to this, just emotional).
- There's no massive capital gain locked into them as there is for BRK-B, NWBD, BARC and PLUS, so selling them won't trigger a big tax bill.
- For non-investment reasons now is a good time for me to realise a bit of cash.
I sold SEDY.L at 1140p. That's a capital loss, but the loss of capital is balanced by income I've received, so pre-inflation this has been neutral (post-inflation it's cost me money).
I sold iSJP at 3326 for a small profit.
My non-aksjesparekonto holdings now represent (a) shares with a large capital gain, which I'm happy to hold long-term, and (b) small holdings showing a capital loss which I'm hoping will bounce back and don't seem worth selling at their current low valuation.
