If you’re a long-term investor and want exposure to assets that will potentially give you higher returns, the International Shares option may be suitable for you. Just remember that 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.

Timeframe

10 years

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

Total fee1

0.30% p.a.

Total fee includes administration fees (0.18%), investment fees and indirect cost ratio.
View detailed fee breakdown

Investors should be aware that a negative annual return is expected greater than six times in every 20 years.

Very high risk

Read more about the standard risk measure.

Account 3 months2 1 year2 3 years p.a.2 5 years p.a.2 7 years p.a.2 10 years p.a.2
Accumulation 2.51% 16.96% 9.69% 13.27% 12.04% 5.30%
Income 2.94% 18.38% 9.65% 14.26% 13.19% 6.29%
Asset allocation3 Ranges4
Cash5
1.1% 0 - 10%
International shares6 98.9% 90 - 100%

Fund managers

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 62.8%
Europe 26.0%
Japan 8.9%
Asia-Pacific ex Japan 2.1%
Cash/liquidity 0.0%
Other 0.2%
Futures 0.0%

International shareholdings

The International Shares option invests in shares listed in the MSCI World Developed Markets ex-Australia index.

Top 20 international shares by value.

# Stock
1 Apple Incorporated
2 Alphabet Incorporated
3 Microsoft Corporation
4 Facebook
5 Amazon.com Incorporated
6 Johnson & Johnson
7 Exxon Mobil Corporation
8 JPMorgan Chase and Company
9 Nestle
10 Wells Fargo & Company
11 Bank of America
12 Proctor & Gamble Company
13 Chevron Corp
14 Berkshire Hathaway
15 General Electric Company
16 Citigroup
17 Pfizer Incorporated
18 HSBC Holdings
19 Home Depot
20 Verizon Communications

1.The investment fee figure and indirect cost ratio are based on the actual fees and costs for the year ended 30 June 2017 and may differ from future fees and costs. In addition, the administration fee of 0.18% p.a. (from 30 Sept 2017) and other applicable fees are deducted daily from the unit price before the unit price is declared.
2. Past performance is not a reliable indicator of future performance. 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.
3. These figures have been rounded for member reporting.
4. QSuper has the flexibility to invest within these predetermined ranges.
5. 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.
6. 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%.