The performance data is updated on a monthly basis.
Total returns are calculated:
using the sell (exit) price
net of management fees
gross of tax
as if distributions of income have been reinvested at the actual distribution reinvestment price
the actual returns received by an investor will depend on the timing, buy and exit price of individual transactions.
Figures showing a period of less than one year have not been adjusted to show an annual total return. Figures for periods of greater than one year are on a per annum compound basis.
Return of capital and the performance of your investment in the fund are not guaranteed. Past performance is not a reliable indicator of future performance.
Fund
Benchmark
3.4%
3.9%
1.8%
2.1%
11.7%
10.2%
28.6%
29.3%
9.1%
11.4%
11.3%
13.3%
11.0%
12.7%
9.0%
12.9%
-
-
5.5%
8.6%
As at 31 Oct 2024
The performance data is updated on a monthly basis.
Total returns are calculated:
using the sell (exit) price
net of management fees
gross of tax
as if distributions of income have been reinvested at the actual distribution reinvestment price
the actual returns received by an investor will depend on the timing, buy and exit price of individual transactions.
Figures showing a period of less than one year have not been adjusted to show an annual total return. Figures for periods of greater than one year are on a per annum compound basis.
Return of capital and the performance of your investment in the fund are not guaranteed. Past performance is not a reliable indicator of future performance.
Investment commentary
Check out our latest International Shares Fund commentary for the 3 months to 30 September 2024.
Explore the case studies below to learn more about some of the places we're invested in.
Steel Dynamics
Steel Dynamics is one of the largest and most diversified domestic steel producers and metals recyclers in the United States.
Steel Dynamics
Steel Dynamics is one of the largest and most diversified domestic steel producers and metals recyclers in the United States, with an estimated steelmaking and coating capacity of approximately 13 million tons, and facilities located throughout the United States and in Mexico. The company operates using a circular manufacturing model, producing lower-carbon-emission, quality steel using electric arc furnace (EAF) technology with recycled scrap steel as the primary input.
While steel is currently a resource-intensive material to make, Steel Dynamics disclose that their process yields a much lower emissions and water intensive product relative to other companies, and their emissions intensity is aligned with the steel industry’s pathway to limit warming to 1.5 degrees. We don't have a replacement for steel in all use cases, and there is a role and pathway in a Paris aligned world for steel. Steel Dynamics produces a significantly lower footprint steel products, meeting the ongoing need for critical materials in a lower emissions world.
Eli Lilly and Co. develops, manufactures and sells medicines for the treatment of diabetes, cancer and more.
Eli Lilly & Co
Eli Lilly and Company develops, manufactures and sells medicines for the treatment of diabetes, cancer, immunology, neuroscience and other therapies, including for the treatment of COVID-19.
The US-headquartered company has a more than 150-year history of advancing new discoveries to solve some of the world's most significant health challenges including redefining diabetes care, treating obesity and advancing the fight against Alzheimer's disease as well as providing solutions to some of the most debilitating immune system disorders.
Eli Lilly commissions animal testing in the development of their products, and although they use some other forms of testing, we are seeking to influence the company to do more to minimise the use and suffering of animals.
Welltower is a real estate investment trust that invests in specialised properties focused on healthcare.
Welltower
Welltower is a real estate investment trust that invests in specialised properties focused on healthcare including senior housing, post-care housing, Alzheimer's and dementia care and assisted living across the UK, US and Canada.
Demand for high quality and affordable health care to meet the needs of an aging global population is only increasing and requires vast investment and additional infrastructure. Providing proper care for populations with high needs, such as patients with memory loss, Alzheimer's disease or other types of dementia is essential to maintaining their quality of life.
Welltower’s investment into healthcare infrastructure and properties meet this growing need and help facilitate better treatment, lower healthcare costs and keeps patients out of hospital unnecessarily.
^The Responsible Investment Certification Program does not constitute financial product advice. Neither the Certification Symbol nor RIAA recommends to any person that any financial product is a suitable investment or that returns are guaranteed. Appropriate professional advice should be sought prior to making an investment decision. RIAA does not hold an Australian Financial Services Licence.
