An SMSF is permitted to invest in International Shares. To simplify the International Shares Account Application Process, ESUPERFUND has established direct arrangements with EBROKING allowing clients to easily apply for an International Share Trading Account through our website. ESUPERFUND clients are not permitted to invest in International Shares with Brokers other than EBROKING.
Selected Share Markets
ESUPERFUND clients are only permitted to invest in the US, UK, Canada and Japan equity markets with EBROKING. Trading in other international markets is not permitted. This is due to the complexity involved in accessing the required data in the format required relating to trading activities, corporate actions, dividends and currency movements. We understand that whilst data may be provided, the data must be checked, reconciled and inputted. In many cases trades are settled in different currencies which requires the need to manually convert to Australian dollars and then reconciled. In addition in many cases research is required to determine the taxation implications of transactions in particular with regards to Corporate Actions and Dividends. This additional manual work is outside the scope of our offering.
By using EBROKING International Share Account, ESUPERFUND is able to electronically access the transactions made by your SMSF in order to attend to the SMSF Annual Compliance Requirements. No records are required from you each year as we already have the data. It is important to understand that only electronic data files are provided to ESUPERFUND. We have absolutely no access to your EBROKING Account and cannot actually login to your Broker Account to access the required data.
The International Share Brokerage Rates for EBROKING can be found here.
Accessing Information by ESUPERFUND
At the end of each financial year, EBROKING will send ESUPERFUND an annual data file of all your SMSF Trades and Transactions. This enables our office to attend to your SMSF's annual compliance obligations. No records are required from you each year as we already have access to the data. It is important to understand that only electronic data files are provided to ESUPERFUND. As detailed above we have absolutely no access to your Trading Platform and cannot actually login to your Trading Account to access the required data.
No obligation to invest in International Shares
It is important to understand that the Investment decisions for your SMSF always remain with you as the SMSF Trustee giving you total control of your SMSF. You are under no obligation to invest in International Shares if you elect not to do so.
Correct account name
By establishing the International Share Broker Account for your SMSF, we ensure that the Broker Account is setup correctly. This ensures that all Broker Accounts setup by ESUPERFUND are compliant with Super Regulations.
ESUPERFUND provides No Investment Advice
ESUPERFUND does not provide Investment Advice and cannot advise you on which International Shares to purchase or sell in your SMSF. You as the SMSF Trustee are responsible for making all Trading decisions for your SMSF, based on your SMSF's particular financial situation and needs.
To establish an EBROKING International Share Account, please complete the online application here.
No financial product advice or recommendation
No Advice Express or Implied: It is important to understand that ESUPERFUND has not taken into account any particular investor's objectives, financial situation or particular needs. ESUPERFUND does not provide financial product advice or recommend any financial products either expressly or implied. ESUPERFUND expressly states that it does not recommend, represent as suitable, or endorse any financial product or service available through ESUPERFUND. This applies in relation to the EBROKING Account. ESUPERFUND does not advise or recommend that this product is suitable to a particular investor’s financial requirements or needs in relation to their SMSF. Any information provided in relation to the EBROKING Account is factual information only about the operation of the account and how data is made available to ESUPERFUND. Accordingly you should read the disclosures relating to the EBROKING Account before making any decision about whether the EBROKING Account is suitable for your SMSF needs. We also recommend that you should seek professional advice from a financial adviser before making any decision to use the EBROKING Account for your SMSF.
Set up your SMSF with ESUPERFUND Today!