Diversified Portfolios - International Equities - 31 January 2016
InvestSMART International Equities Portfolio January Report
International equitiy markets were down across most major markets for the month of January after a volatile start to the year. Concerns over slowing growth in China, weakness in commodities and a glut of supply in energy markets drove investor concerns about growth prospects and the likelihood of deflationary pressures.
The MSCI World ex Australia NR AUD Index was down -3.2% for the month. Europe and the US were the better performing regions while Japan and emerging markets Asia were the worst performing regions for the month.
Within the InvestSMART International Equities Portfolio the iShares Core S&P 500 ETF and Vanguard All-World ex US Shares Index ETF were the best performing securities. The MSCI Emerging Markets ETF continued to drag on the performance of the portfolio.
No changes were made to the portfolios during the month of January.
Growth of $10,000
PEFORMANCE SUMMARY TO 31 JANUARY 2016
Source: Praemium, RBA. Returns are before expenses and fees. Returns are shown as annualised if the period is over 1 year. * Since Inception (SI) date is 24 October 2014.
The objective of this model portfolio is to provide investors with a high level of exposure to the international equities share markets. The portfolio is invested across a range of ASX-listed ETFs aimed at achieving a diversified portfolio. The portfolio is expected to display high levels of volatility and will have a high level of currency risk.
|PERFORMANCE TO 31 JANUARY 2016||1 MONTH||3 MONTH||6 MONTH||1 YEAR||SI* (P.A.)|
|InvestSMART International Equities Portfolio||-5.50%||-10.60%||-10.77%||-2.80%||9.34%|
|MSCI World ex Australia NR AUD Index||-3.23%||-7.38%||-7.28%||4.85%||15.34%|
|Excess to Benchmark||-2.27%||-3.22%||-3.49%||-7.65%||-6.00%|
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