What will you buy after All Country? Options to consider by investment level

After All Country, think in terms of “adding” instead of “selling”

When thinking about what's next for All Country, there's no need to suddenly sell all of All Country.

Rather, this is what you should think about first.

Use All Country as a base
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Check the missing objectives
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Add some if necessary

All Country is often used as an investment trust that is widely diversified into stocks around the world. As of June 18, 2026, Mitsubishi UFJ Asset Management's `eMAXIS Slim Worldwide Stocks (All Country)'' has been announced as an additional type investment trust for `domestic/foreign/stock/index type,'' and is also eligible for accumulation investment limits and growth investment limits.

By focusing on global stocks, it is easy to invest in the entire world stock market without having to choose specific countries or regions.

So you don't have to think, ``If I don't buy something next, I'm behind.''

What's next for All Country is not a competition to level up, but an adjustment to asset allocation.

All Country alone is enough

There are cases where All Country alone is sufficient.

For example, if your purpose is to:

• I want to create long-term retirement funds
• I want to save money every month with NISA
• I don't want to spend too much time investing
• I don't want to choose the country or industry myself
• I want to prioritize time with my day job and family.

The Financial Services Agency's NISA special website lists household budget management, life planning, and long-term, savings, and diversified investments as the basics of asset formation.

From this perspective, a global stock index fund like All Country provides a fairly straightforward foundation.

However, sufficient does not mean "no risk."

Stocks around the world will also fall if the stock market as a whole falls. It is also affected by exchange rates. When the ratio of US stocks is high, it is greatly affected by price movements in the US market.

In other words, All Country is not a one-size-fits-all product, but rather a product that can be easily used as the basis for stock investment.

Things to decide before buying your next one

Before choosing the next product, you should first decide on your purpose.

The important thing here is "why you buy" rather than "what you buy."

For example, if you add a US stock ETF, you will intentionally increase the US ratio. If you add high-dividend stocks, it will be easier to see the dividends, but you will also be accepting dividend cuts and industry bias. If you add bonds, it is easier to suppress price movements, but it is difficult to expect them to have the same growth potential as stocks.

The next investment destination is not a matter of good or bad, but a choice of what to increase.

Option 1. US stock ETF

U.S. stock ETFs are often considered as a second choice after All Country.

A typical idea is to add an ETF that tracks the S&P500 or NASDAQ100.

suitable person

• We want to strengthen the growth of US companies
• Expectations from AI, cloud, semiconductors, and technology companies
• Can accept exchange rate fluctuations
• I want to be a little more aggressive than All Country.

merit

• Easy to capture the growth of large US stocks
• Low expense ratio depending on the product
• Since it is an ETF, it can be bought and sold on an exchange.
• There are many indexes that are easy to follow, such as the S&P500 and NASDAQ100.

Points to note

• All Country also includes many US stocks
• Adding more will increase concentration in the US
• When viewed in yen terms, it is affected by exchange rates.
• NASDAQ is tech-oriented and tends to have large price movements.
• ETFs require management of trading units, dividend reinvestment, and order prices.

ETFs are similar to mutual funds, except that they are publicly traded. The Japan Securities Dealers Association's ``Time to Invest'' also explains that ETFs are ordered like stocks through stock exchanges, and prices move in real time on the market.

ETFs are not necessarily easy for people who want to easily accumulate money by specifying the amount as they would with investment trusts.

Option 2. High-dividend stocks/high-dividend ETFs

High-dividend stocks are investments where it is easy to see a portion of the return in the form of dividends.

All Country does not pay out dividends, or many people use it on a reinvestable basis, so even if the amount of assets increases, it does not feel like they are receiving income. Many people are interested in high-dividend stocks because of this unsatisfaction.

suitable person

• I want to use dividend deposits as motivation
• I want to be aware of cash flow before drawing down in the future.
• I want to learn about companies' profits and dividend policies
• Can accept some individual stock risk

merit

• Some people find it easier to continue working because they can see the dividends.
• Provides an opportunity to learn about mature companies and stable industries
• High-dividend ETFs are easier to diversify than individual stocks

Points to note

• High-dividends don't mean safe
• Dividends may be reduced or canceled due to poor performance.
• Yields may only appear high due to falling stock prices
• If you focus on dividends, the ratio of growth stocks may decrease.
• It is also necessary to check the handling of taxes and NISA accounts.

I'm happy with the dividend.

However, if you buy based solely on dividends, you may experience a stock price decline and a dividend cut at the same time. High-dividend stocks are investments that look at profits, dividend payout ratio, finances, and cash flow, not just yield.

Option 3. J-REIT

J-REIT is a real estate investment trust.

The Asset Management Association describes J-REITs as a product that uses funds collected from many investors to purchase multiple properties such as office buildings, commercial facilities, and condominiums, and then distributes rental income and sales profits to investors.

suitable person

• I want to have income sources other than stocks
• Interested in the structure of real estate income
• I want to focus on dividends
• You can also see the Japanese real estate market and interest rate trends

merit

• You can invest a small amount into a source of income similar to real estate.
• There are times when prices move differently from stocks.
• Easy to receive dividends
• Learn the differences between uses such as offices, residences, logistics, commercial facilities, etc.

Points to note

• It is likely to be seen as a heavy burden in a phase of rising interest rates.
• Affected by real estate market conditions and vacancy rates
• Dividends vary
• When the stock market is turbulent, REITs may also fall.
• For individual REITs, confirmation of property type and sponsor is required

J-REITs may look like assets different from stocks, but they are financial products whose prices move on exchanges. Price movements are not always calm.

Option 4. Bonds/bond funds

Bonds are securities issued by countries, local governments, companies, etc. to borrow funds.

The China Finance Bureau of the Ministry of Finance explains that while bonds pay periodic interest and receive the face value if held until maturity, there is a possibility that the issuer will not be repaid if the issuer goes bankrupt, and prices may fluctuate depending on interest rate movements.

suitable person

• 100% stock price movement is too large
• I want to suppress fluctuations in the overall asset
• You can now see when to use your money, such as retirement or education expenses.
• I would like to place a little more emphasis on stability than return.

merit

• Price movements tend to be smaller than stocks
• There are products that allow you to earn interest income.
• When combined with stocks, it is easier to suppress fluctuations in the overall asset

Points to note

• When interest rates rise, bond prices tend to fall
• Foreign bonds have currency risk
• Corporate bonds have credit risk
• Bond funds are not principal guaranteed.
• Even if the risk appears to be low, there are large differences between products

Adding bonds to All Country is likely to be a choice to increase resilience in the event of a downturn, rather than to maximize returns.

Option 5. Individual stocks

Individual stocks are an investment in which you choose companies yourself.

All Country invests broadly in companies around the world. On the other hand, when it comes to individual stocks, I choose a few or even dozens of companies myself. If you hit the target, you can get a big return, but if you miss, you can get a big return.

suitable person

• I like company analysis
• Have time to read financial statements
• Enjoy investing as a learning experience or hobby
• You can try it as long as it does not affect your life even if you incur a loss.

merit

• Aim for returns that exceed the market average
• Learn deeply about companies and industries
• You can choose your own themes such as dividends, benefits, growth potential, etc.

Points to note

• High concentration risk
• Need to look at financials, industry, competitive environment, financials
• Easy to be swayed by SNS and news
• Profit and loss cannot be calculated with NISA account.
• More time to invest

It is easier to manage individual stocks if you start with a small amount as a satellite.

If you invest most of your assets in individual stocks from the beginning, you may end up destroying the foundation of diversification you created with All Country.

How to think by level

The following ratios are examples of ideas rather than recommendations.

The actual ratio will vary depending on age, income, family structure, investment experience, timing of use, and risk tolerance.

beginner

At first, you can focus on All Country.

Or, if you only look at the investment part, you can go with 100% All Country.

The important thing is to secure separate funds for livelihood protection. If you invest all your cash, you will be forced to sell when the market goes down.

someone a little used to

If you want to boost the growth of US stocks a little, you could consider adding US stock ETFs or US stock investment trusts to your portfolio.

In this case, the US ratio will rise. Since All Country also includes many US stocks, we would like to confirm the actual US ratio after addition.

People who want to focus on dividends

If you want to have the feeling of receiving dividends, one idea is to add some high-dividend stocks or high-dividend ETFs.

However, if you focus on dividends, you may be biased towards industries and stocks. It is necessary to look at not only the yield, but also the risk of dividend reduction and the risk of stock price decline.

People who want to suppress price movements

If you feel that 100% stocks are too heavy, it may be better to increase your investment in bonds or cash.

This is not an offensive investment, but a defensive one to continue.

People who want to analyze it themselves

If you want to learn about individual stocks and J-REITs, there is the idea of ​​keeping them small as satellites.

If you own many stocks from the beginning, it will be difficult to manage them. It is more realistic to start with a few stocks and check their financial results, dividends, and price movement habits.

Patterns that are most likely to fail after All Country

Jump on trending themes

AI, semiconductors, high-dividends, Indian stocks, gold, crypto assets. In the market, themes keep coming up one after another.

Thematic investing itself is not bad.

The problem is that you panic and buy after the price goes up, and you get scared and sell when the price goes down. If you repeat this, the merits of the long-term investment you made with All Country will diminish.

Sell ​​all All Countrys

All Country looks boring when he finds a new investment.

However, if you sell everything and switch, you may lose a lot of regional and stock diversification.

If you want to try the next thing, think about adding it first. I would like to carefully consider whether or not the foundation needs to be destroyed.

Too many investments

US stock ETFs, high-dividend ETFs, individual stocks, J-REITs, bonds, gold, thematic investing trusts.

If you increase it too much, you won't know what and how much you are investing.

As the number of products increases, management becomes more difficult. At first, it is easier to understand changes in risk if you add just one to All Country.

Contents overlap

If you add a US stock ETF to All Country, the US stock ratio will increase.

If you add All Country to the NASDAQ100, the U.S. large-cap tech ratio will rise.

If you add an AI-themed ETF to All Country, the weighting of semiconductors and large-cap tech can rise even further.

Even if the product name is different, if the contents are similar, it does not constitute diversification.

Think of All Country as a foundation for asset formation.

It's easier to think of All Country as a foundation rather than something to graduate from.

If I were to compare it to a house, it would be like this.

Since you have a foundation, you can build on it.

If you destroy the foundation and then build an extension, the entire house becomes unstable. The same goes for investing; it's easier to manage if you keep your core assets and add satellite assets with extra funds.

summary

The next step after All Country is not necessarily to sell All Country.

The points to keep in mind are as follows.

• All Country alone can create a foundation for long-term, diversification, and accumulation.
• The next investment destination will change depending on the purpose, such as growth, dividends, real estate, stability, learning, etc.
• US stock ETFs can capture growth, but the risk of US concentration increases
• High-dividend stocks can pay dividends, but there is a risk of dividends being cut or stock prices falling
• J-REITs and bonds are diversified destinations, but are subject to interest rate and credit risks
• You can learn from individual stocks, but it requires time and analytical skills.

"Next to All Country" is not meant to complicate investing.

It is an option that can be used to fill in some gaps depending on your purpose. If in doubt, leave All Country as the base and try adding products starting at a small amount. This alone is enough to widen the scope of investment.

reference

• Mitsubishi UFJ Asset Management "eMAXIS Slim Worldwide Stocks (All Country)", confirmed June 18, 2026. https://www.am.mufg.jp/fund/253425.html
• Financial Services Agency "Basics of Asset Formation", confirmed June 18, 2026. https://www.fsa.go.jp/policy/nisa2/invest/
• Japan Securities Dealers Association, “Please tell me the difference between ETFs and investment trusts”, confirmed June 18, 2026. https://www.j-flec.go.jp/links/jikan/qa/068.html
• Asset Management Association “Learn about J-REITs”, confirmed on June 18, 2026. https://www.imaj.or.jp/study/reit/index.html
• China Finance Bureau, Ministry of Finance, “Risk and Return of Financial Products (Stocks, Bonds, Investment Trusts)”, confirmed June 18, 2026. https://lfb.mof.go.jp/chugoku/kinyusyouken/kin3/kinyuusyouhinrisukuritan.html