International Ship has Already Sailed

International Funds are sprouting like mushrooms across the Australian funds management space. In the past few weeks alone, I’ve noticed three new launches and a LIC changing its mandate so as to invest in international stocks.The pitch is pretty straight forward. The Aussie dollar is going to fall. International stocks have outperformed their Australian counterparts over the past few years. And Australian stocks are only 3% of what is available in the world. Just imagine all those opportunities you could be making a fortune from.Long time Bristlemouth follows will know my view on international stocks. Most Australian investors are dramatically...

International Funds are sprouting like mushrooms across the Australian funds management space. In the past few weeks alone, I’ve noticed three new launches and a LIC changing its mandate so as to invest in international stocks.

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