Diversified Portfolios - International Equities Portfolio Report - 31 May 2017

InvestSMART International Equities May Report

The InvestSMART International Equities Portfolio produced a return of 2.7% (after fees) during May, with positive returns across all ETFs.

International markets were once again buoyant, with the best performing ETF the Vanguard FTSE Europe Shares ETF, which returned 4.5%. The ETF benefited from a rise in European optimism, which led to a rise in European stocks and the euro, which was up 3.8% against the Australian dollar.

In the US, the iShares S&P 500 ETF edged higher, returning 1.6% for the month.

Since inception, the portfolio has returned 12.3% per annum (after fees).

PERFORMANCE TO 31 MAY 20171 MONTH3 MONTH6 MONTH1 YEARSI* (P.A.)
InvestSMART International Equities Portfolio 2.73% 8.04% 13.27% 12.56% 12.25%
MSCI World ex Australia NR AUD Index 2.75% 8.36% 12.14% 13.33% 14.89%
Excess to Benchmark -0.02% -0.32% 1.13% -0.77% -2.64%
 

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