Diversified Portfolios - International Equities Portfolio Report - 30 April 2017

InvestSMART International Equities April Report

The InvestSMART International Portfolio produced a return of 4.0% (after fees) during April, with strong returns across all ETFs.

International equity markets were buoyant, with the S&P 500 up 0.9% for the month. Information Technology was once again the best performing sector with Alphabet and Amazon both reaching record highs. World markets (ex-US) also posted strong gains with the MSCI World ex-USA index up 1.3% for the month.

Returns were enhanced by a fall in the AUD, which dropped 1.8% against the US dollar.

The Eurozone received positive news, with centrist Emmanuel Macron winning the French Election in a landslide. However, global markets remain cautious with rising geopolitical tensions on the Korean peninsula.

Since inception, the portfolio has returned 11.5% per annum (after fees).
PERFORMANCE TO 30 APRIL 20171 MONTH3 MONTH6 MONTH1 YEARSI* (P.A.)
InvestSMART International Equities Portfolio 4.04% 6.74% 12.76% 15.81% 11.48%
MSCI World ex Australia NR AUD Index 3.58% 6.99% 14.05% 16.93% 14.19%
Excess to Benchmark 0.46% -0.25% -1.13% -1.13% -2.71%
 

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