Moderate

Balanced

Socially
Responsible

Aggressive

Cash

Diversified
Bonds

International
Shares

Australian
Shares

International Shares

outlook

If you are a long-term investor and want exposure to investment groups that will potentially give higher returns, the International Shares option may be for you. You need to be prepared to accept that this option could experience negative returns over the short to medium term.

 

Objective

To match the return of the MSCI World Developed Markets ex-Australia net dividends reinvested accumulation index, hedged after fees and tax.1

Timeframe

10 years

Suited to investors with an investment timeframe of more than 10 years.

Total fee2

0.24% p.a.

Total fee includes administration fees (0.16%), investment fees and indirect cost ratio. View detailed fee breakdown

Risk level

Very low
Low
Low to medium
Medium
Medium to high
High
Very High
Very High

Investors should be aware that a negative annual return is expected greater than six times in every 20 years. Read more about the standard risk measure.


Performance

As at 31 January 2020 (updated monthly)
Account 1 month 3 months 1 year 3 years p.a. 5 years p.a. 7 years p.a. 10 years p.a.
Accumulation 0.56% 6.12% 20.40% 11.07% 9.63% 11.54% 11.34%
Income 0.58% 6.55% 22.27% 12.06% 10.18% 12.38% 12.43%
Past performance is not a reliable indicator of future performance.3

Asset allocation

As at 31 December 2019 (updated quarterly)
Assets Allocation 4 Ranges 5
Cash* 0.9% 0 - 10%
International shares^ 99.1% 90 - 100%

Fund managers

As at 31 December 2019 (updated quarterly)

The portfolio is passively managed by State Street Global Advisors, with currency exposures fully hedged back to Australian dollars.

Geographic breakdown and composition

The geographic breakdown and composition of the international shareholdings managed by State Street Global Advisors was:

Region %
North America 67.4%
Europe 21.0%
Japan 8.2%
Asia-Pacific ex Japan 1.7%
Cash/liquidity 1.5%
Other 0.1%
Futures 0.0%

Shareholdings

As at 31 December 2019 (updated quarterly)

1. An index designed to measure the equity market performance of 22 developed market country indices. This index is market capitalisation weighted index.
2. This figure comprises of the investment fee and indirect cost ratio which are based on the fees and costs for the financial year ended 30 June 2019, and the administration fee. The total fees and any other applicable fees are deducted daily from the unit price before the unit price is declared and may differ from future fees and costs. Other fees may apply.
3. For periods of one year or less, the return is net of fees and tax. For periods greater than one year, the return is a compound annualised return, net of fees and tax.
4. These figures have been rounded for member reporting.
5. QSuper has the flexibility to invest within these predetermined ranges.

* This option is fully invested in international shares, however, it may be appropriate to hold up to 10% in cash to accommodate market changes and timing of transactions.
^ The international shares asset class is passively managed by State Street Global Advisors (SSgA).The funds managed by SSgA include an allocation to cash. SSgA's allocation to cash is captured in the international shares asset allocation range of 90%-100%.