Suitability and risk
Suits members who want to invest in a specific asset class and are comfortable with the value of their investments fluctuating.
7 years
Suggested minimum investment time frame
High
Summary risk level
Sector
Option type
$1.5 billion
Option size1
As at 31 December 2023
Expected frequency of negative annual return
Four to less than six in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.59% | Pension: 0.52%
Objective and performance
To invest in a diversified portfolio of global shares and securities, which may include up to 10% in Australian shares.
Objective
To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 4% p.a. more than inflation (CPI) over the suggested time frame.2
Performance against objective
2% p.a. over 7 years
As at 31 Dec 2023
CPI + 4% | International Shares performance | Outperformance |
---|---|---|
7.1 | 9.6 | 2.5 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance against peers
2Compare performance against the median performance of the top funds as identified by SuperRatings.2
% p.a.
As at 29 Feb 2024
Timeframe | International Shares performance | SuperRatings median performance | Outperformance |
---|---|---|---|
1 month | 5.70 | 5.15 | 0.55 |
3 months | 11.14 | 10.76 | 0.38 |
Financial year to date | 12.76 | 12.90 | -0.14 |
1 year | 21.92 | 23.37 | -1.45 |
3 years | 6.00 | 9.67 | -3.67 |
5 years | 10.42 | 10.43 | -0.01 |
7 years | 10.60 | 10.49 | 0.11 |
10 years | 10.96 | 9.91 | 1.05 |
Periods less than a year are not annualised.
International Shares option performance ($)
2As at 27 Mar 2024
Objective
To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 4% p.a. more than inflation (CPI) over the suggested time frame.2
Performance against objective
2% p.a. over 7 years
As at 31 Dec 2023
CPI + 4% | International Shares performance | Outperformance |
---|---|---|
7.1 | 10.4 | 3.3 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance against peers
2Compare performance against the median performance of the top funds as identified by SuperRatings.2
% p.a.
As at 29 Feb 2024
Timeframe | International Shares performance | SuperRatings median performance | Outperformance |
---|---|---|---|
1 month | 6.24 | 5.55 | 0.69 |
3 months | 12.25 | 11.85 | 0.40 |
Financial year to date | 14.08 | 14.07 | 0.01 |
1 year | 24.56 | 25.29 | -0.73 |
3 years | 6.63 | 10.36 | -3.73 |
5 years | 11.20 | 11.20 | 0.00 |
7 years | 11.47 | 11.46 | 0.01 |
10 years | 11.86 | 10.86 | 1.00 |
Periods less than a year are not annualised.
International Shares option performance ($)
2As at 27 Mar 2024
Allocations
Strategic asset allocation
3As at 28 September 2023
Asset class | Allocation |
---|---|
International Shares
|
100.0% |
Regional allocation
As at 31 December 2023
Region | Allocation |
---|---|
USA
|
60.8% |
Europe
|
15.1% |
Asia ex Japan
|
10.2% |
Japan
|
7.1% |
Australia
|
4.7% |
Other Developed
|
1.8% |
Other
|
0.3% |
-
Countries exposure
- USA
- Other
- Japan
- Australia
- United Kingdom
- China
- Germany
- India
- Canada
- Taiwan
As at 31 Dec 2023
Sector allocation
As at 31 December 2023
Sector | Allocation |
---|---|
Information Technology
|
29.1% |
Health Care
|
16.7% |
Financials
|
14.3% |
Consumer Discretionary
|
10.7% |
Industrials
|
9.0% |
Communication Services
|
5.5% |
Consumer Staples
|
3.8% |
Energy
|
3.1% |
Materials
|
3.0% |
- Microsoft Corporation
- Apple Inc
- NVIDIA Corp
- London Stock Exchange Group PLC
- Amazon.com Inc
- Alphabet Inc
- Eli Lilly and Co
- Taiwan Semiconductor Manufacturing Co Ltd
- Unitedhealth Group Inc
- Meta Platforms Inc