Legendary value investor John Templeton’s philosophy was to ‘search among many markets for the companies selling for the smallest fraction of their true worth’. There are many benefits to investing internationally, not least of which is a more diversified portfolio. You also have access to more opportunities, industries and markets that simply don’t exist in Australia. And, despite recent falls, the Aussie dollar is still well above historical averages meaning you get more bang for your buck. It’s a fantastic time to invest overseas.
If you’ve never bought a foreign stock and don’t intend to, there’s no need to read on. If you’ve considered it but don’t know how, this practical guide will set you on your way.
There are many options to choose from