International Shares
If you are a long-term investor and want exposure to investments 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, costs and tax, where relevant.1
Timeframe
10 years
Suited to investors with an investment timeframe of more than 10 years.
Cost of product for $50,0002
$155 p.a.
Cost of product is a summary of ongoing fees and costs that can affect your super investment over 1 year. View detailed fee breakdown
Risk level
Very low
Low
Low to medium
Medium
Medium to high
High
Very high
Investors should be aware that a negative annual return is expected greater than 6 times in any 20 years. Read more about the standard risk measure.
Performance
As at 31 August 2023 (updated monthly)
Asset allocation
As at 30 June 2023 (updated quarterly)
| Assets |
Allocation 4 |
Ranges 5 |
|
Cash* |
0.6% |
0 - 10% |
|
International shares^ |
99.4% |
90 - 100% |
Fund managers
As at 30 June 2023 (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:
Shareholdings
As at 30 June 2023 (updated quarterly)
International shares - top 20 by value
The International Shares option invests in shares listed in the MSCI World Developed Markets ex-Australia index.
Is this option right for you?
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1. An index designed to measure the equity market performance of 22 developed market country indices. This index is market capitalisation weighted index. Information on exclusions that are applied to the Australian and International Shares asset classes across all QSuper options is outlined in our Investment Guide (pdf). The objective is stated after investment fees and costs, transaction costs, and investment taxes where relevant.
2. The cost of product assumes a balance of $50,000 at the beginning of the year, and is based on fees and costs for the year ended 30 June 2023. Other fees and costs may apply. If you have insurance, premiums will apply. Investment fees and costs includes an amount of 0.00% for performance fees. Read the Accumulation account product disclosure statement (PDS) for full details.
3. Returns are net of administration fees and costs, investment fees and costs, transaction costs and investment taxes where relevant, deducted from the unit price. For periods greater than 1 year, the return is a compound annualised return.
4. These figures have been rounded for member reporting.
5. We have the flexibility to invest within these predetermined ranges.
* This option is fully invested in international shares, but 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%.