Buying overseas shares

Hi Bernie,

Everything you say makes sense unless of course the stocks on the US market do indeed rally stronger than their peers domestically, a characteristic that’s been very apparent across the 2 respective IT Sectors. In most portfolios we manage, we include international shares for two main reasons. 1. We get access to companies that are often leaders in a bigger market and their growth rates are reflective of that & 2. It provides diversification and smooths returns. In March of 2020 when stocks were ‘falling out bed’ our international allocations cushioned the decline given the fall in the AUD. In an ideal world Bernie we would be long everything that goes up and nothing that goes down, however thinking more realistically is key – combining international equities is really important to overall portfolio construction in my view at least.

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Australian Dollar (AUDUSD)

LAST UPDATED 27/08/2021 18:05

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Australian Dollar (AUDUSD)

LAST UPDATED 27/08/2021 18:05