For years, investors have been told of the importance of adding international equities to their self-managed superannuation funds, traditionally dominated by Australian shares.
The decision to add international share exposure, and in particular US technology stocks, has paid off handsomely over the past couple of years, with the US sharemarket outperforming the Australian market by a reasonable margin.
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Ben Smythe is a partner and principal adviser of Minchin Moore Private Wealth.