Help! My passive fund is aggressively US tech focused

This article by Monevator contributor Longshore Drift explains how he is recovering from a passive concentration problem. Passive investing using world trackers has served me pretty well. It quietly told me to set aside both my enthusiasms and fears, find the cheapest fund, and let the world get on with it. “Don’t try to beat the market – buy the market,” they said. So I did. I put a blind man at the tiller (well, the MSCI World Index) and I have largely sat back and watched. And through a combination of favourable sequence of returns and some lockdown-enhanced saving, the last few years of very passive investing has put the foundations in, if not for FIRE, then for a living when the work dries up. Perhaps this explains why I slow to realise that the good ship ‘Half Decent Retirement’ had shifted from being fuelled by a well-diversified basket of equities across the markets of the developed world, to what has begun to resemble a tech-driven, US momentum fund. Tech eats World Just nine…