There’s something innately comfortable about investing in companies you know and a market you’re familiar with, so it’s hardly surprising Australian investors – like their peers all over the world – have a bias towards investing in their home market.

On top of world-class companies such as BHP, Rio Tinto, CSL, Cochlear, Goodman Group and James Hardie – plus domestic household names JB Hi-Fi, Commonwealth Bank and Woolworths – throw in the benefits of Australia’s famously high dividends and the bonus of imputation credits, and it’s little wonder Australian investors will typically have a weighting to ASX-listed companies way over the 2.5 per cent they account for in total global sharemarkets.