I started NISA this year and put 3.6 million into it to give myself some base to work with. I plan to do monthly investing from next year in both funds.
I currently have my NISA growth funds invested in the S&P 500 and my tsumitate invested in e-MAXIS slim all country. I want to reallocate my NISA growth funds (2.4 million yen) to all country so it will match my tsumitate fund and I won't be over-invested in the US market.
My question is if I sell the S&P 500 fund (2.4 million yen) and then buy the all countries fund with the same money will I be rejected since I have already used my allotment for this year? Or does the yearly limit reset if you sell any funds?
by Ill_Helicopter_1600
2 comments
Yes you will be rejected. No it does not reset.
> if I sell the S&P 500 fund (2.4 million yen) and then buy the all countries fund with the same money
You can sell now and buy next year. Its just few days anyway. You can’t buy this year, because the 3.6M/yr buy limit is cleared up next year.
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