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
$1.4 billion
Option size1
As at 30 November 2023
Expected frequency of negative annual return
Four to less than six in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.59% | Pension: 0.52%
Objective and performance
To invest in a diversified portfolio of global shares and securities, which may include up to 10% in Australian shares.
Objective
To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 4% p.a. more than inflation (CPI) over the suggested time frame.2
Performance against objective
2% p.a. over 7 years
As at 31 Dec 2023
CPI + 4% | International Shares performance | Outperformance |
---|---|---|
7.1 | 9.6 | 2.5 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance against peers
2Compare performance against the median performance of the top funds as identified by SuperRatings.2
% p.a.
As at 31 Jan 2024
Timeframe | International Shares performance | SuperRatings median performance | Outperformance |
---|---|---|---|
1 month | 2.82 | 3.24 | -0.42 |
3 months | 10.35 | 10.01 | 0.34 |
Financial year to date | 6.68 | 7.46 | -0.78 |
1 year | 15.65 | 17.72 | -2.07 |
3 years | 5.25 | 8.82 | -3.57 |
5 years | 10.31 | 10.27 | 0.04 |
7 years | 10.17 | 9.83 | 0.34 |
10 years | 10.63 | 9.61 | 1.02 |
Periods less than a year are not annualised.
International Shares option performance ($)
2As at 18 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 31 Jan 2024
Timeframe | International Shares performance | SuperRatings median performance | Outperformance |
---|---|---|---|
1 month | 3.09 | 3.54 | -0.45 |
3 months | 11.42 | 11.06 | 0.36 |
Financial year to date | 7.38 | 8.10 | -0.72 |
1 year | 17.58 | 19.46 | -1.88 |
3 years | 5.79 | 8.86 | -3.07 |
5 years | 11.08 | 11.10 | -0.02 |
7 years | 11.00 | 10.86 | 0.14 |
10 years | 11.50 | 10.57 | 0.93 |
Periods less than a year are not annualised.
International Shares option performance ($)
2As at 18 Mar 2024
Allocations
Strategic asset allocation
3As at 28 September 2023
Asset class | Allocation |
---|---|
International Shares
|
100.0% |
Regional allocation
As at 30 November 2023
Region | Allocation |
---|---|
USA
|
61.8% |
Europe
|
16.5% |
Asia ex Japan
|
11.6% |
Japan
|
6.2% |
Australia
|
1.9% |
Other Developed
|
1.9% |
Other
|
0.1% |
-
Countries exposure
- USA
- Other
- Japan
- United Kingdom
- China
- India
- Taiwan
- France
- Australia
- Canada
As at 30 Nov 2023
Sector allocation
As at 30 November 2023
Sector | Allocation |
---|---|
Information Technology
|
28.5% |
Health Care
|
16.5% |
Financials
|
14.5% |
Consumer Discretionary
|
10.4% |
Industrials
|
8.9% |
Communication Services
|
6.1% |
Consumer Staples
|
3.9% |
Energy
|
3.3% |
Utilities
|
2.9% |
- 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
- Meta Platforms Inc
- Unitedhealth Group Inc