www.esuperfund.com.au

Questions & Answers - Optional Brokers


+ Can my SMSF invest in International Shares?

An SMSF is permitted to invest in International Shares. Clients of ESUPERFUND are permitted to use any brokers for their SMSF.

ESUPERFUND clients are only permitted to invest in the US, UK, Canada and Japan equity markets. 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.