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
$1.7 billion
Option size1
As at 29 February 2024
Expected frequency of negative annual return
Four to less than six in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.59% | Pension: 0.52%
Objective and performance
To invest in a diversified portfolio of global shares and securities, which may include up to 10% in Australian shares.
Objective
To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 4% p.a. more than inflation (CPI) over the suggested time frame.2
Performance against objective
2% p.a. over 7 years
As at 31 Mar 2024
CPI + 4% | International Shares performance | Outperformance |
---|---|---|
7.2 | 10.9 | 3.7 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance
2% p.a.
As at 30 Jun 2024
Timeframe | International Shares return |
---|---|
1 month | 2.11 |
3 months | 1.18 |
Financial year to date | 17.33 |
1 year | 17.33 |
3 years | 4.42 |
5 years | 10.20 |
7 years | 10.33 |
10 years | 11.26 |
Periods less than a year are not annualised.
International Shares option performance ($)
2As at 25 Jul 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 Mar 2024
CPI + 4% | International Shares performance | Outperformance |
---|---|---|
7.2 | 11.8 | 4.6 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance
2% p.a.
As at 30 Jun 2024
Timeframe | International Shares return |
---|---|
1 month | 2.16 |
3 months | 1.16 |
Financial year to date | 18.98 |
1 year | 18.98 |
3 years | 4.95 |
5 years | 11.00 |
7 years | 11.18 |
10 years | 12.21 |
Periods less than a year are not annualised.
International Shares option performance ($)
2As at 25 Jul 2024
Allocations
Strategic asset allocation
3As at 01 June 2024
Asset class | Allocation |
---|---|
International Shares
|
100.0% |
Regional allocation
As at 29 February 2024
Region | Allocation |
---|---|
USA
|
63.5% |
Europe
|
14.5% |
Asia ex Japan
|
9.4% |
Japan
|
6.7% |
Australia
|
3.9% |
Other Developed
|
1.7% |
Other Emerging
|
0.3% |
-
Countries exposure
- USA
- Japan
- Australia
- United Kingdom
- Germany
- India
- China
- Taiwan
- Netherlands
- Canada
As at 29 Feb 2024
Sector allocation
As at 29 February 2024
Sector | Allocation |
---|---|
Information Technology
|
29.3% |
Health Care
|
16.5% |
Financials
|
14.2% |
Consumer Discretionary
|
10.7% |
Industrials
|
9.4% |
Communication Services
|
5.1% |
Consumer Staples
|
4.1% |
Energy
|
3.2% |
Utilities
|
3.1% |
Materials
|
2.7% |
Real Estate
|
1.8% |
- Microsoft Corporation
- NVIDIA Corp
- Apple Inc
- Amazon.com Inc
- London Stock Exchange Group PLC
- Eli Lilly and Co
- Meta Platforms Inc
- Alphabet Inc
- Taiwan Semiconductor Manufacturing Co Ltd
- ASML Holding NV