The latest quarterly report from Multiport, a leading specialist Self-Managed Super Fund (SMSF) and managed account administration provider which is owned by AMP Limited (ASX: AMP) has revealed how a cross-section of SMSF investors, who collectively manage over $2.5 billion in funds are investing their savings.
Here are some of the key findings:
- The allocation to cash and fixed interest declined by 1% to 29.6%
- The ten most commonly held stocks were:
- Commonwealth Bank of Australia (ASX: CBA)
- Westpac Banking Corp (ASX: WBC)
- Australia and New Zealand Banking Group (ASX: ANZ)
- Telstra Corporation Ltd (ASX: TLS)
- BHP Billiton Limited (ASX: BHP)
- National Australia Bank Ltd. (ASX: NAB)
- Woolworths Limited (ASX: WOW)
- Wesfarmers Ltd (ASX: WES)
- Woodside Petroleum Limited (ASX: WPL)
- Vanguard MSCI Australian Large Companies Index EFT (ASX: VLC)
- The sample of SMSFs reported an increased exposure to international equities with their portfolio allocation increasing from 12.5% to 14.4%.
- The exposure to managed funds also showed an overall increase from 19.5% to 20.5% but interestingly the use of fund managers declined for Australian equities but increased for international equities.
Key takeaways:
For savvy investors looking for ways to utilise the above finding one of the key takeaways would be that there is a growing demand for the services of global equity fund managers.
On the ASX there are two highly regarded fund managers who both specialise in international equities, namely Platinum Asset Management Limited (ASX: PTM) and Magellan Financial Group Ltd (ASX: MFG). Both stocks could arguably enjoy positive tailwinds for many years to come and be worth considering for your portfolio.
