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
$2.0 billion
Option size1
As at 31 August 2024
Expected frequency of negative annual return
Four to less than six in 20 years
Total investment fees and costs and transaction costs (%)
Super: 0.58% | Pension: 0.51%
Objective and performance
To invest in a diversified portfolio of global shares and securities, which may include up to 10% in Australian shares.
Objective
To achieve returns (after taxes and investment expenses, before deducting account-based fees) that are at least 4% p.a. more than inflation (CPI) over the suggested time frame.2
Performance against objective
2% p.a. over 7 years
As at 30 Sep 2024
| CPI + 4% | International Shares performance | Outperformance |
|---|---|---|
| 7.2 | 10.1 | 2.9 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance
2% p.a.
As at 30 Nov 2024
| Timeframe | International Shares return |
|---|---|
| 1 month | 3.73 |
| 3 months | 6.18 |
| Financial year to date | 7.71 |
| 1 year | 24.56 |
| 3 years | 5.72 |
| 5 years | 10.09 |
| 7 years | 10.12 |
| 10 years | 11.00 |
Periods less than a year are not annualised.
International Shares option performance ($)
2As at 23 Dec 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 30 Sep 2024
| CPI + 4% | International Shares performance | Outperformance |
|---|---|---|
| 7.2 | 11.0 | 3.8 |
Performance objectives are not promises or predictions of any particular rate of return.
Performance
2% p.a.
As at 30 Nov 2024
| Timeframe | International Shares return |
|---|---|
| 1 month | 4.10 |
| 3 months | 6.82 |
| Financial year to date | 8.52 |
| 1 year | 27.05 |
| 3 years | 6.42 |
| 5 years | 10.90 |
| 7 years | 10.93 |
| 10 years | 11.90 |
Periods less than a year are not annualised.
International Shares option performance ($)
2As at 23 Dec 2024
Allocations
Strategic asset allocation
3As at 28 September 2024
| Asset class | Allocation |
|---|---|
|
International Shares
|
100.0% |
Regional allocation
As at 31 August 2024
| Region | Allocation |
|---|---|
|
USA
|
63.9% |
|
Europe
|
13.6% |
|
Asia ex Japan
|
9.3% |
|
Japan
|
9.1% |
|
Australia
|
2.3% |
|
Other Developed
|
1.3% |
|
Other Emerging
|
0.5% |
-
Countries exposure
- USA
- Japan
- United Kingdom
- China
- Australia
- Taiwan
- India
- Germany
- France
- Netherlands
As at 31 Aug 2024
Sector allocation
As at 31 August 2024
| Sector | Allocation |
|---|---|
|
Information Technology
|
29.6% |
|
Financials
|
15.5% |
|
Health Care
|
15.1% |
|
Industrials
|
9.2% |
|
Consumer Discretionary
|
9.1% |
|
Communication Services
|
6.0% |
|
Consumer Staples
|
4.3% |
|
Energy
|
3.5% |
|
Utilities
|
3.2% |
|
Materials
|
2.8% |
|
Real Estate
|
1.8% |
- Apple Inc
- Microsoft Corp
- NVIDIA Corp
- Eli Lilly and Co
- Amazon.com Inc
- Alphabet Inc
- Taiwan Semiconductor Manufacturing Co Ltd
- Novo Nordisk A/S
- London Stock Exchange Group PLC
- Meta Platforms Inc