Dear %%first_name%%,
SMSF trustees know they should have a decent exposure to international investments and, like Charlie Aitken, I’m getting more inquiries as to how to best allocate to global markets. Today, Charlie has a great article on what’s going on with the Chinese capital markets and why it could be set for the next big boom. He also explains an easy way for Australian investors to access it.
And speaking of international exposure, our Fundie’s Favourite in the Switzer Super Report today is Citigroup. Wingate fund manager, Alastair Macleod, says it has been the second largest contributor to his fund’s returns over the past 12 months.
Tony Featherstone updates our M&A watchlist with the addition of retailers Myer and Oroton – the portfolio is up 15.8% for the year too and way ahead of the broader market. In Buy, Sell, Hold – what the brokers say, ANZ, CSR and Qantas all get upgrades.
Think you know everything you need to know about the Budget? Read Tony Negline’s article today to make sure and our Questions of the Week looks at how ETFs pay dividends and administration fees for SMSFs.
Sincerely,
Peter Switzer
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Tony Negline and Paul Rickard bust open the Budget to explain how it will affect superannuants and investors.